J.P. Morgan CEO Jamie Dimon
Earlier today I was writing about why I don't think the Federal Reserve will cut rates but Jamie Dimon is taking it a stel further saying there is a 40-50% chance the Fed will hike rates.
He says:
- Tariffs are inflationary, it won't come all at once
- US migration policies are inflationary
- Budget deficit is also inflationary
- I would put higher interest rates as a cause for concern
These are all the same points I made earlier.
