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Jamie Dimon says unprecedented federal support will raise inflation From CNN Business Matt Egan JPMorgan Chase CEO Jamie Dimon struck a cautious note on inflation given the massive stimulus being provided by Washington. “You’re talking about unprecedented continued fiscal and monetary policy, kind of on autopilot,” Dimon said at Wednesday’s Senate hearing. The good news is “we’re going to have a very strong economy,” he said, not only this year but perhaps extending into 2023. But Dimon said the policies from the Federal Reserve and Congress “will raise inflation.” There is “nothing wrong with 1.6%,” he said, likely referring to the year-over-year increase in core consumer prices experienced in March.

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