JPMorgan CEO: Fed Rate Hike More Likely Than Market Expects
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According to a report by Jinse Finance, JPMorgan Chase CEO Jamie Dimon stated that the Federal Reserve may raise interest rates. "I believe the probability of a rate hike is higher than what others expect," Dimon said. "If the market is pricing in a 20% chance, my estimate would be 40% to 50%."
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