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News@lemmy.world · 9 months ago

JPMorgan CEO Jamie Dimon warns the world isn't ready for 7% interest rate

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JPMorgan CEO Jamie Dimon warns the world isn't ready for 7% interest rate

JustAManOnAToilet@lemmy.world to

News@lemmy.world · 9 months ago

JPMorgan CEO Jamie Dimon warns the world isn't ready for 7% interest rate | CNN Business

JPMorgan Chase CEO Jamie Dimon is raising the specter of the war on inflation getting worse before it gets better.

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9 months ago
One caveat, didn’t the fed remove reserve requirements during covid? I haven’t seen them added back. I think we still have zero reserve banking…

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