JPMorgan CEO: "Fed, 40-50% Chance of Rate Hike...Tariffs Stimulate Inflation"

Bloomingbit Newsroom

Summary

Jamie Dimon, CEO of JPMorgan, stated that the probability of a rate hike by the Fed is around 40-50%.
He explained that the U.S. government's tariff policy could stimulate inflation over time.
He noted that tariffs may impact consumer prices, eventually acting as a factor for interest rate hikes.

According to foreign media on the 10th (local time), Jamie Dimon, CEO of JPMorgan, stated that he sees a "40-50% probability" for an interest rate hike by the Fed (Federal Reserve).

He further said, "The recent tariff policies of the U.S. government could gradually stimulate inflation over time rather than having a short-term effect," and explained, "As tariffs affect consumer prices, they will eventually act as a factor putting upward pressure on interest rates."

CEO Dimon also added that the Fed will closely monitor future economic data and make monetary policy decisions accordingly.