Political | Process

Fears of inflation in the year ahead hit its highest level on record, according to a report by the Federal Reserve Bank of New York;

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Chase CEO Warns ‘Very Good Chance’ It’s Here To Stay.

  • JPMorgan Chase CEO Jamie Dimon warned that there is a very high likelihood that the inflation will not be temporary as the Biden administration has been trying to claim it will be.
  • Dimon said, “[Our bank has] a lot of cash and capability and we’re going to be very patient, because I think you have a very good chance inflation will be more than transitory.”

SOURCE: DAILYWIRE

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