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JPMorgan boss dashes rate-cut hopes, sees 'stickier' inflation due to rising risks

Published by Benjamin Chiou on 8th April 2024

(Sharecast News) - Interest rates in the US could rise to "8% or even higher" in the coming years, according to the head of JPMorgan Chase, who said that they bank was preparing for a wide range of scenarios in light of current high government spending and geopolitical volatility.

URL: http://www.digitallook.com/dl/news/story/34205947/...

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