Interest rates could hit 8% or more and wars are creating outsize geopolitical risks, Jamie Dimon warns

Persistent inflationary pressures driven by fiscal deficits and military conflict among other factors may lead to U.S. interest rates of 8% or even more, JPMorgan Chase & Co. Chief Executive Jamie Dimon warned on Monday.

Interest rates could hit 8% or more and wars are creating outsize geopolitical risks, Jamie Dimon warns
Persistent inflationary pressures driven by fiscal deficits and military conflict among other factors may lead to U.S. interest rates of 8% or even more, JPMorgan Chase & Co. Chief Executive Jamie Dimon warned on Monday.