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Published 22 days ago

JPMorgan's Dimon warns inflation, political polarization, wars creating risks not seen since WWII

  • JPMorgan Chase CEO Jamie Dimon warned of potential interest rate increases up to 8% in a letter to shareholders.
  • Dimon stated the bank is prepared for various economic outcomes resulting from different interest rate scenarios, ranging from strong growth to recession with inflation.
  • The letter emphasized the importance of being ready for a wide range of interest rates and economic conditions.
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