JPMorgan CEO Jamie Dimon warned the Iran war risks triggering oil and commodity price shocks that could keep inflation sticky. He said such shocks could push interest rates higher than markets currently expect, implying upward pressure on monetary policy and risk-off moves in energy and fixed-income markets.
JPMorgan CEO Jamie Dimon warned the Iran war risks triggering oil and commodity price shocks that could keep inflation sticky. He said such shocks could push interest rates higher than markets currently expect, implying upward pressure on monetary policy and risk-off moves in energy and fixed-income markets.
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