Inflation could remain elevated for longer than expected, posing a risk to the US economy s near-term health, JPMorgan Chase Chief Executive Jamie Dimon said Monday.
Jamie Dimon Warns U.S. Might Face Interest-Rate Spike By Bob Henderson JPMorgan s chief warns of inflation and higher rates. Meanwhile, the U.S. labor market is expected to strengthen even. -April 09, 2024 at 07:18 am EDT
- MarketScreener
Inflation could remain elevated for longer than expected, posing a risk to the US economy's near-term health, JPMorgan Chase Chief Executive Jamie Dimon said Monday.Dimon pointed to ongoing fiscal investment, trade policy shifts and green economy spending as inflationary drivers in spite of many economic indicators that have remained "good."
Inflation could remain elevated for longer than expected, posing a risk to the US economy s near-term health, JPMorgan Chase Chief Executive Jamie Dimon said Monday.
By Kirk Maltais and Joe Hoppe Gold closed at another record high Monday, driven by central bank purchases. But prices may run into roadblocks due to wavering interest rate-cut expectations.
.