Jamie Dimon has a blunt message for Europe: ‘You’re losing’
Key Points
- Jamie Dimon told an event in Ireland on Thursday that Europe was “losing” on competitiveness and lacked the kind of global, successful corporations common in the U.S.
- The JPMorgan Chase boss also told the event that there was “complacency in the markets” around U.S. tariffs and rates.
- Dimon said he saw a 40-50% chance that the Federal Reserve would need to raise interest rates to tackle inflation, against market pricing of around a 20% chance.
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