JP Morgan’s Dimon: Better be prepared to deal with US rates 5% or higher

JPMorgan's Chief Executive Officer (CEO) Jamie Dimon commented on the US Treasury yields, the Fed’s interest rates outlook and crypto markets, in an interview with the Harvard Business Review conducted over the weekend.

Key Points (via Reuters):

"You better be prepared to deal with rates 5% or higher - it's a higher probability than most people think"

Bull market could "actually go for two or three more years".

The economy still doing well, markets usually turn before the economy.

Crypto "not the same as gold or fiat currencies", referring to fiat being "supported by law, police, courts". 

Iran to ease currency rules to buoy Rial ahead of sanctions - Reuters

The Iranian state TV reported on Sunday, Iran seeks to ease the foreign exchange rules in an effort to stall the meltdown in the Rial currency amid lo
আরও পড়ুন Previous

GBP/USD trying to hang onto the 1.30 level ahead of a quiet Monday

The GBP/USD opens the new trading week testing towards the downside of the 1.3000 major technical level, kicking around the psychological handle in Mo
আরও পড়ুন Next