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JPMorgan Chase CEO Jamie Dimon: I will determine the likelihood of a rise in interest rates in the United States at 40%-50%. Tariffs, in my view, are inflationary and will not be implemented all at once.
He clearly states that Dimon believes that the Federal Reserve will not only lower interest rates but will also raise interest rates, with a probability ranging between 40% and 50%, as tariffs will lead to recurring inflation.