JPMorgan’s Jamie Dimon says Fed may have to hike more because central bank started ‘a day late and a dollar short’ and now is just ‘catching up’
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the Federal Reserve may have to keep increasing its benchmark interest rate in the coming months to combat persistent inflation. The central bank was “a day late and a dollar short” in beginning to raise rates and the rapid increases…
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