JP Morgan CEO suggests further action on rates may be needed, pause may not last

JP Morgan CEO says that while the Federal Open Market Committee (FOMC) is correct to pause in its interest rate hike cycle for now, they ‘might have to do a little bit more’.

  • Says inflation ‘might not go away that quickly’

Dimon is speaking in an interview with Bloomberg TV.

Earlier:

My bad, I thought it was Friday!

This article was written by Eamonn Sheridan at www.forexlive.com. Source