JPMorgan's Dimon warns inflation, political polarization, wars creating risks not seen since WWII
- JPMorgan Chase CEO Jamie Dimon warned of potential interest rate increases up to 8% in a letter to shareholders.
- Dimon stated the bank is prepared for various economic outcomes resulting from different interest rate scenarios, ranging from strong growth to recession with inflation.
- The letter emphasized the importance of being ready for a wide range of interest rates and economic conditions.
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Leaning Left8Leaning Right9Center22Last Updated22 days agoBias Distribution56% Center