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JP Morgan CEO suggests further action on rates may be needed, pause may not last

  • JP Morgan CEO Jamie Dimon discusses the Federal Open Market Committee
Eamonn Sheridan
14/11/2023 | 22:31 GMT

JP Morgan CEO says that while the Federal Open Market Committee (FOMC) is correct to pause in its interest rate hike cycle for now, they 'might have to do a little bit more'.

  • Says inflation ‘might not go away that quickly’

Dimon is speaking in an interview with Bloomberg TV.

Earlier:

  • JP Morgan CEO Dimon says people are overreacting to short-term numbers on inflation

My bad, I thought it was Friday!

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