JP Morgan CEO Dimon says the Federal Reserve hiking to 5% and holding there is sound
JP Morgan CEO Jamie Dimon comments crossing news wires:economy is doing fine but there are potential issues aheadthe Fed hiking to 5% and lingering there is a reasonable thing to doFed may hike higher than 5% if inflation proves to be stickyUS debt default would be a disaster This article was written by Eamonn Sheridan at www.forexlive.com.
JP Morgan CEO Jamie Dimon comments crossing news wires:
- economy is doing fine but there are potential issues ahead
- the Fed hiking to 5% and lingering there is a reasonable thing to do
- Fed may hike higher than 5% if inflation proves to be sticky
- US debt default would be a disaster
