Tag Archives: warns

JPMorgan’s Jamie Dimon Warns US Isn’t Ready for Looming ‘Worst Case’ Scenario

JPMorgan CEO Jamie Dimon has warned that many U.S. businesses and investors are ill-prepared for a looming “worst case” scenario in which the Federal Reserve hikes interest rates to an eye-watering 7 percent—while America languishes in the grips of stagflation. Mr. Dimon issued the stark warning in an interview with Times …

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