Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
14 October 2022 | Other

JPMorgan CEO warns of likely U.S. rate hike above 4.5%

S&P 500
GBPUSD
EURUSD
USDCAD
DJIA

With inflation still elevated and a recession coming, the U.S. interest rate could probably reach not only 4.5%, but become even higher. Such a measure is necessary in order to cope with inflation. JPMorgan Chase & Co CEO Jamie Dimon announced this at a meeting of the International Institute of Finance on Thursday.

Dimon also predicts that for another 9 months the financial health of consumers can be assessed as good, since at the moment money is actively spent. But after 9 months, the effects of inflation are likely to hit consumers, and until then the economy looks stable.

Moreover, Dimon stated that energy supply problems, quantitative tightening policies and shocks in general could lead to instability and cause a recession in the future.

Company MarketCheese

Recommended

United States. Atlanta Fed GDPNow. The value of the indicator has decreased from 3.4% to 3.3%
52 minutes ago
Canada. BoC Interest Rate Decision. The value of the indicator has decreased from 2.75% to 2.5%
Today at 1:45 PM
European Union. CPI (MoM). The value of the indicator has decreased from 0.2% to 0.1%
Today at 9:00 AM
European Union. CPI (YoY). The value of the indicator has decreased from 2.1% to 2%
Today at 9:00 AM
United Kingdom. CPI (YoY). The value of the indicator remained at the same level of 3.8%
Today at 6:01 AM
Top news
Canada. BoC Interest Rate Decision. The value of the indicator has decreased from 2.75% to 2.5%
Today at 1:45 PM
European Union. CPI (MoM). The value of the indicator has decreased from 0.2% to 0.1%
Today at 9:00 AM
United States. Retail Sales (MoM). The value of the indicator remained at the same level of 0.6%
Yesterday at 12:30 PM
European Union. Trade Balance. The value of the indicator has increased from 8B to 12.4B
15 September
United States. CPI (YoY). The value of the indicator has increased from 2.7% to 2.9%
11 September
All news

Forecasts

S&P 500 buy
Period: 17.09.2025 Expectation: 500 pips
Buying SPX on 0.5% Fed rate cut
Indicators and reports Chart analysis
Today at 11:38 AM 40
McCarthy_Raymond
USDCAD sell
Period: 24.09.2025 Expectation: 1500 pips
USDCAD is set to fall ahead of interest rate decisions
TA Other FA Other Technical analysis Indicators Fundamental analysis
Today at 10:57 AM 33
Lyra_Moonwell1
NVIDIA Corporation sell
Period: 23.09.2025 Expectation: 500 pips
NVIDIA shares approach gap closure at $170.50
Indicators Chart analysis Hot news
Today at 10:26 AM 33
John_Bullard
NVIDIA Corporation buy
Period: 31.12.2025 Expectation: 200 pips
Buying NVIDIA shares with $195 in view
FA Other Chart analysis
Today at 08:54 AM 15
Bruce_Powers
EURUSD sell
Period: 24.09.2025 Expectation: 1300 pips
EURUSD is expected to correct after Fed announces rate decision
FA Other Technical analysis Indicators and reports Indicators Fundamental analysis
Today at 07:14 AM 42
Emily_Foster
BTCUSD buy
Period: 23.09.2025 Expectation: 3000 pips
Buying Bitcoin with $118,800 target amid consolidation
TA Other FA Other Technical analysis Indicators Fundamental analysis
Yesterday at 10:53 AM 195
Lyra_Moonwell1
Go to forecasts