JPMorgan Chase CEO Dimon Warns of ‘6 or 7’ Rate Hikes in 2022

True Pundit January 17, 2022

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Jamie Dimon thinks the market may be underestimating how many times the Federal Reserve will hike interest rates next year.

Fed Fund futures prices, which allow traders to speculate on Fed policy moves, currently imply around for rate hikes this year, with nearly a 30 percent chance of a fifth rate hike. Dimon, speaking to analysts in a conference call to discuss J.P. Morgan Chase’s fourth-quarter results, warned there could be even more.

“My view is a pretty good chance there’ll be more than 4. It could be 6 or 7,” Dimon said.

Dimon has been chief executive of J.P. Morgan Chase, the largest U.S. bank by assets and by deposits, since 2006. He has been chairman of the bank’s board of directors since 2007. – READ MORE

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Hot Wire — They Warned You About this Crew 250+ Years Ago

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Hot Wire — Back to the Future (2008-09) (2020-21) & How to Beat The Man Thru 2035

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(FREE) PAINE IN THE MORNING: 13 things you need to know this Monday – June 6, 2022

There is also a full, ad-free video podcast of this broadcast available to Paine.TV members HERE. Learn more about joining our community HERE. JPMorgan CEO warns economic…

True Pundit June 5, 2022

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(PREMIUM) PAINE IN THE MORNING: 13 things you need to know this Monday – June 6, 2022

There is also an ad free audio version of this episode you can listen to HERE JPMorgan CEO warns economic ‘hurricane’ is approaching America: ‘You’d better brace yourself’ – JP Morgan Chase & Co. CEO Jamie Dimon warned Wednesday that an economic “hurricane” is forming that could unfortunately make landfall in the United States. Speaking at…

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True Pundit June 5, 2022

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