• 'The Cold War is back' - Jamie Dimon says Russia's war on Ukraine is a bigger risk to the global economy than higher rates

    19 days ago - By Business Insider

    Jamie Dimon, Chair and CEO of JPMorgan Chase. J. Lawler Duggan/For The Washington Post via Getty Images
    Jamie Dimon thinks the war in Ukraine is a bigger threat to the global economy than higher rates.
    "The Cold War is back," the CEO of JPMorgan Chase told Bloomberg TV Wednesday.
    Dimon also noted that the Federal Reserve was "a little late" on raising rates.
    JPMorgan CEO Jamie Dimon said Wednesday that markets should prepare for the war in Ukraine to last years and warned it poses a bigger risk to the global economy than higher interest rates do. The comments come as the Federal Reserve is...
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