According to Odaily Planet Daily, JPMorgan Chase CEO Dimon said that the Fed is right to wait and see now, and we are fully prepared for interest rates to rise to 5%. The Fed can try to manipulate long-term interest rates, but this manipulation will not last long. Dimon also mentioned that artificial intelligence may have a deflationary effect, but it will not appear next year.
JPMorgan Chase CEO Dimon says Fed should wait and see, prepare for rates to rise to 5%
--・
AI Summary
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
@Binance_News