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Jamie Dimon warns inflation, interest rates may remain elevated

JPMorgan Chase CEO Jamie Dimon talks about the Federal Reserve’s interest rate trajectory, the 2024 economy, looming banking regulation, and artificial intelligence. CEO of JPMorgan Chase jamie dimon He warned on Monday that excessive U.S. government spending could continue to fuel both high inflation and interest rates. in him annual letter to shareholders; The CEO […]

Yellen warns of sanctions against Chinese banks that aid Russia

Treasury Secretary Janet Yellen warned in Beijing on Monday that Chinese banks that facilitate support for Russia during the Ukraine war could face U.S. sanctions. “We remain concerned about the role played by all businesses, including those around the world. [People’s Republic of China]is involved in Russian military procurement,” Yellen said at a press conference […]

Jamie Dimon warns interest rates could soar above 8%

JPMorgan Chase & Co. Chief Executive Jamie Dimon says he expects U.S. interest rates to rise above 8% in the next few years as record U.S. debt and ongoing international conflicts complicate the fight to rein in inflation. He warned that it could rise. “The trillions of dollars we need each year to restructure global […]

Desperate Zelensky warns ‘Ukraine will lose the war’ if Congress does not send more aid

Ukrainian President Volodymyr Zelenskiy on Sunday begged the United States to approve more military funding for his country, warning that without it Ukraine would “lose the war.” Zelenskiy predicted that if Ukraine collapses, Russia will next move to invade “other countries.” Congressional Republicans have been holding off on further military spending to Ukraine for months, […]

Former Capitol Police officer warns that ‘nothing is preventing’ another Jan. 6

Former U.S. Capitol Police Officer Harry Dunn warned that “nothing can prevent” the Jan. 6, 2021, attack on the Capitol because of a lack of accountability “at the highest level.” “Accountability has two purposes,” Dunn, who testified before the House Select Committee investigating the Capitol attack, said during an appearance on MSNBC’s “The Weekend” on […]