JP Morgan CEO suggests further action on rates may be needed, pause may not last

<p>JP Morgan CEO says that while the Federal Open Market Committee (FOMC) is correct to pause in its interest rate hike cycle for now, they 'might have to do a little bit more'. </p><ul><li>

Says inflation ‘might not go away that quickly’</li></ul><p>Dimon is speaking in an interview with Bloomberg TV.</p><p>Earlier:</p><ul><li><a href="https://www.forexlive.com/centralbank/jp-morgan-ceo-dimon-says-people-are-overreacting-to-short-term-numbers-on-inflation-20231114/" target="_blank" rel="follow" data-article-link="true">JP Morgan CEO Dimon says people are overreacting to short-term numbers on inflation</a></li></ul><p>My bad, I thought it was Friday! </p>

This article was written by Eamonn Sheridan at www.forexlive.com.