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26-09-2023, 05:20 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Dimon Warns World May Not Be Ready for Fed at 7%
By Yi Wei Wong (https://www.bloomberg.com/authors/AWacuZYF2_s/yi-wei-wong) and Swati Pandey (https://www.bloomberg.com/authors/AVdFignZ74M/swati-pandey)
September 26, 2023 at 8:36 AM GMT+8
Updated on
September 26, 2023 at 1:44 PM GMT+8
The world may not be prepared for a worst-case scenario of Federal Reserve benchmark interest rates hitting 7% along with stagflation, JPMorgan Chase & Co. (https://www.bloomberg.com/quote/JPM:US) CEO Jamie Dimon said in an interview (https://www.bloomberg.com/news/terminal/S1KDN2CEX0QR)with the Times of India.
“If they are going to have lower volumes and higher rates, there will be stress in...
Read more (https://www.sammyboy.com/threads/amdk-big-shot-sir-warned-low-ses-people-on-fed-could-hike-to-7-de-woh.349090/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/amdk-big-shot-sir-warned-low-ses-people-on-fed-could-hike-to-7-de-woh.349090/).
Dimon Warns World May Not Be Ready for Fed at 7%
By Yi Wei Wong (https://www.bloomberg.com/authors/AWacuZYF2_s/yi-wei-wong) and Swati Pandey (https://www.bloomberg.com/authors/AVdFignZ74M/swati-pandey)
September 26, 2023 at 8:36 AM GMT+8
Updated on
September 26, 2023 at 1:44 PM GMT+8
The world may not be prepared for a worst-case scenario of Federal Reserve benchmark interest rates hitting 7% along with stagflation, JPMorgan Chase & Co. (https://www.bloomberg.com/quote/JPM:US) CEO Jamie Dimon said in an interview (https://www.bloomberg.com/news/terminal/S1KDN2CEX0QR)with the Times of India.
“If they are going to have lower volumes and higher rates, there will be stress in...
Read more (https://www.sammyboy.com/threads/amdk-big-shot-sir-warned-low-ses-people-on-fed-could-hike-to-7-de-woh.349090/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/amdk-big-shot-sir-warned-low-ses-people-on-fed-could-hike-to-7-de-woh.349090/).