JP Morgan CEO suggests further action on rates may be needed, pause may not last ...Middle East

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JP Morgan CEO suggests further action on rates may be needed, pause may not last
JP Morgan CEO says that while the Federal Open Market Committee (FOMC) is correct to pause in its interest rate hike cycle for now, they 'might have to do a little bit more'. Says inflation ‘might not go away that quickly’Dimon is speaking in an interview with Bloomberg TV.Earlier:JP Morgan CEO Dimon says people are overreacting to short-term numbers on inflationMy bad, I thought it was Friday! This article was written by Eamonn Sheridan at www.forexlive.com.

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