Global financial markets could face unprecedented turbulence if the Federal Reserve pushes its benchmark interest rate to 7% in the face of stagflation, cautioned Jamie Dimon, the CEO of JPMorgan Chase & Co. During a recent conversation while in Mumbai for a JPMorgan investor summit, Dimon referred famous investor Warren Buffet, often referred to as […]
Source link
World Markets Unprepared for 7% US Interest Rates, Warns JPMorgan’s Dimon
