JPMorgan Chase CEO: The Fed is right to wait and see, and is ready for interest rates to rise to 5%
JPMorgan CEO Dimon said that it is right for the Fed to stay on the sidelines now. We are prepared for rates to rise to 5%. The Fed can try to control long-term rates, but this control won't last long. Artificial intelligence may have a deflationary effect, but it won't appear next year.
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