JPMorgan Chase CEO: Interest rates are likely to remain high for longer

In an interview with The Times of India, Jamie Dimon, CEO of JPMorgan Chase, said he believes interest rates are likely to remain higher for a longer period of time. Given the complex geopolitical situation and extreme fiscal spending around the world, the probability of a soft landing is less than 70%-80%. Dimon said, "Inflation is likely to rise over time." (Jinshi)