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Dimon Says He's Skeptical Inflation Will Return to Fed's 2% Target
News August 07, 2024 at 03:01 PM
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What You Need To Know
- The head of JPMorgan has been warning for more than a year that inflation may be stickier than investors expect.
- He also said the bank is prepared for interest rates ranging from 2% to 8% or higher.
- Dimon, 68, has run JPMorgan for more than 18 years.
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