JP Morgan Jamie Dimon
NEW YORK: JPMorgan Chase & Co Chief Executive Officer Jamie Dimon (pic) said on Monday the economy is generating so much inflation that the Federal Reserve might have to raise short-term interest rates https://www.reuters.com/markets/funds/goldman-sachs-expects-four-fed-rate-hikes-this-year-2022-01-10 more than four times this year.
Speaking to CNBC, Dimon said, "It's possible that inflation https://www.reuters.com/markets/us/us-consumer-prices-increase-further-november-2021-12-10 is worse than people think. I, personally, would be surprised if it's just four increases this year. Four would be very easy for the economy to absorb."
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