Jamie Dimon says rates will rise above 5% because there is still 'a lot of underlying inflation' – CNBC

JP Morgan Chase CEO Jamie Dimon With inflation remaining stubbornly high, we believe interest rates could be higher than the Federal Reserve currently anticipates. “I think rates are probably over 5%,” Dimon said on CNBC’s show.squawk boxThursday at the World Economic Forum in Davos, Switzerland. To combat soaring prices, the Federal Reserve has raised benchmark […]