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Benzinga
Benzinga
Business
Namrata Sen

Jamie Dimon Warns Market May Be Underestimating Rate Hike Risks, Flags Investor Complacency Amid Trump Tariffs: 'Cause Of Concern'

Jamie,Dimon,Speaks,During,Ceremony,For,Final,Steel,Beam,Wrapped

JP Morgan (NYSE:JPM) CEO Jamie Dimon has raised a red flag about the potential underestimation of the risk of higher U.S. interest rates by the financial markets.

What Happened: Dimon expressed his concerns at an event hosted by Ireland’s foreign ministry in Dublin on Thursday. He stated that the financial markets may not be fully considering the possibility of a rise in U.S. interest rates, which he described as a “cause for concern,” reported Reuters.

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