JP Morgan CEO: Interest rates are likely to remain high for longer
2024-09-24 00:52:19
JP Morgan Chief Executive Officer Dimon Jamiedimon Accept India Timesdesk3cryptocurrencydesktopCrypto News
In an interview with the Times of India, Jamie Dimon, chief executive of JPMorgan Chase, said he saw the potential for interest rates to stay higher for longer. Given the complex geopolitical situation and extreme fiscal spending around the world, the probability of a soft landing is less than 70% to 80%. "Inflation could rise over time," Dimon said.
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