Last week, a Reuters poll of economists said they expect the US to experience a short and shallow recession in the coming year, and everyone agreed that the Federal Reserve should minor rate hike of 50 basis points on December 14th.
in a (ninterviewwith CBS News’ "Face the nation" On Sunday, JPMorgan Chase & Co (NYSE: JPM) CHAIRMAN Jamie Dimon spoke about the expected recession and said he doesn’t know if there will be a mild or a hard recession, but "if it happens, we’re fine."
Earlier in…
Full story available at Benzinga.com
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