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JPMorgan CEO Dimon sees 'lot of inflationary forces in front of us'

Bloomberg
Bloomberg • 2 min read
JPMorgan CEO Dimon sees 'lot of inflationary forces in front of us'
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Jamie Dimon said he’s still more worried about inflation than markets appear to be.

The JPMorgan Chase & Co chief executive officer said significant price pressures are still influencing the US economy and may mean interest rates will be higher for longer than many investors are expecting. Dimon cited costs linked to the green economy, re-militarization, infrastructure spending, trade disputes and large fiscal deficits. 

“There are a lot of inflationary forces in front of us,” Dimon said in an interview on Bloomberg Television Thursday. “The underlying inflation may not go away the way people expect it to.”

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