JPMorgan CEO initiatives up to seven fee hikes in 2022

Jamie Dimon sees additional amount hikes than we believe for the U.S. overall economy this 12 months.

The JPMorgan (JPM) main government officer predicted on Friday that mounting inflation could prompt the Federal Reserve to elevate limited-term borrowing fees as numerous as six or 7 moments, doubling down on his before wager that the at this time-expected 3 to four will increase are very likely a lower estimate of what traders can anticipate.

“My perspective is, there’s a very superior chance there will be more than four — there could be six or seven,” Dimon explained during a article-earnings convention

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