Crypto Critic Jamie Dimon Issues Warning on Inflation, Says Fed Likely To Raise Rates Higher Than Expected.
05 Apr 2023, 08:00
Crypto Critic Jamie Dimon Issues Warning on Inflation, Says Fed Likely To Raise Rates Higher Than Expected
JPMorgan CEO and crypto critic Jamie Dimon is issuing a warning on inflation and a potential incoming economic crisis.
In Dimon’s latest annual letter to JPMorgan’s shareholders, he says that the US’ largest bank is prepared for potentially higher interest rates, and higher and longer-lasting inflation.