Damon, the manager of the world's largest bank: 7% interest rate is not far from expected!

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Damon, the manager of the world's largest bank: 7% interest rate is not far from expected!

Markets may be anticipating the end of the Fed's tightening cycle, but JP Morgan CEO Jamie Dimon is still telling clients to prepare for the worst-case scenario of benchmark interest rates hitting 7% with stagnant inflation.