JPMorgan CEO: "Fed, 40-50% Chance of Raising Interest Rates…Tariffs to Push Up Inflation"
JH Kim
Summary
- Jamie Dimon, CEO of JPMorgan Chase, stated that he sees a 40–50% chance of an interest rate hike by the Fed.
- CEO Dimon explained that the U.S. government's tariff policies could stimulate inflation over time.
- He said that the Fed will closely monitor future economic data to make decisions on monetary policy.
According to foreign news on the 10th (local time), Jamie Dimon, CEO of JPMorgan Chase, stated that he believes there is a" 40–50% chance of the Fed (Federal Reserve) raising interest rates."
He went on to explain that "the recent tariff policies by the U.S. government may gradually stimulate inflation over time rather than have a short-term effect," adding that "tariffs will impact consumer prices and eventually act as a pressure factor for raising interest rates."
Dimon also added that the Fed will closely watch future economic data when making monetary policy decisions.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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