JPM CEO Jamie Dimon has a bold prediction for what Fed will do with interest rates
Head of largest
Dimon has famously called out cryptocurrencies for criticism and in his most recent comments has referred to it as a "pet rock."
He's also robustly defended his bank's continued funding of fossil fuel developments in the face of climate change, telling
Dimon, has been the CEO of
"I actually think rates will probably go higher than 5%." Dimon said in an interview from the
Dimon cited two factors for the recent declines in inflation. "I think we've had the benefit of
However, and perhaps not surprisingly, Dimon sees oil and gas prices rising. "I think oil and gas prices [will] probably go up the next 10 years. We're not investing enough in oil and gas to actually keep it low," he said.
In addition "
All that said, Dimon doesn't appear too concerned about the
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