People Should Prepare For More Fed Rate Hikes: JPMorgan CEO
Also Read: Bitcoin Outperforms Gold, Crude Oil; Bitcoin Bull Run Ahead? advertisement JPMorgan CEO Cautious Over Fed Hike JPMorgan Chase CEO in a recent interaction with Bloomberg shared his take over the role of artificial intelligence, ongoing debt limit deal and economic inflation. Dimon stated that in his view it is time for the Federal Reserve to hit a pause on hiking interest rates. The market has dealt with several big increases. However, there is a possibility that the authority is going to raise a little more from here. He directed that the people should be prepared for the Fed rates to go up a little more as inflation is proving hard to pull. JPMorgan CEO mentioned that it is just a matter of managing a business whether it is a financial company, real estate company, or more. It is essential to be prepared for the volatility which might be created by quantitative tightening. Read More Fed Rate Hike News Here… Reco...