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ICYMI – JP Morgan’s Dimon Says Inflation Is Worse Than People Think

JPMorgan CEO Jamie Dimon spoke to Bloomberg TV on Thursday, sounding very cautious:

  • “Underlying inflation may not disappear as people expect”

  • “We’re facing a lot of inflationary forces that could keep it a little higher than people expect.”

Dimon added that the chances of monetary policy remaining unchanged, or even tightening further, are higher than expected, and hopes for a soft landing should be half of what they are.

This article was written by Eamonn Sheridan at www.forexlive.com.

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