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JPMorgan's Dimon says U.S. interest rates could hit 6% -CNBC

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JPMorgan Chase & Co Chief Executive Jamie Dimon expects U.S. interest rates could hit 6%, he said in an interview with CNBC on Thursday.

Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., poses for a photo during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. REUTERS/Marco Bello/File PhotoChief Executive Jamie Dimon expects U.S. interest rates could hit 6%, he said in an interview with CNBC on Thursday.

The Federal Reserve quickly caught up to out-of-control inflation and would probably pause interest rates at a little over 5%, but they may need to go higher, Dimon told CNBC. “I suspect may have to go a little bit higher than 5 we're talking about. It could hit 6,” he added.Reporting by Jyoti Narayan in Bengaluru; Editing by Sandra Maler and Leslie Adler

 

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Dude's eyelids have just given up

I'm afraid that would crush the economy, the recession is knocking the doors

Good news for retirees with cash.

Wrong, U.S. interest rates could hit 8% !

And he don't give a shit cause he's fucking loaded. He's laughing at all of you - while robbing you.

I don’t think I’m old enough to remember when Jamie Dimon started holding up his end-is-nigh sign over every news program.

Nationalize the Federal Reserve Bank.

Jamie Dimon is a vampire

Gosh that Joe sure is a swell guy.

USA needs a rescission to reset economy

Should

When ?

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