JPMorgan CEO: Fed is Right to Hold Steady, Prepared for Rates to Rise to 5%
According to a report by Jinse Finance, JPMorgan CEO Dimon stated that it is correct for the Federal Reserve to remain on hold now. We are fully prepared for interest rates to rise to 5%. The Federal Reserve can attempt to manipulate long-term rates, but such manipulation won't last long. Artificial intelligence may have a deflationary effect, but it will not appear next year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Maybank completes RM 4.83 billion buyout of remaining 30.95% stake in Maybank Ageas Holdings
Recticel says Baltisse group acting in concert crosses 25% stake, holds 29.17% voting rights
Rohto Pharmaceutical's Earnings May Beat Guidance on Sales Momentum -- Market Talk
2-Yr Benchmark Govt Yields - U.S. vs Other Nations
Crypto prices
More
