Unacceptably Slow
Inflation is still not down as much as the Fed is hoping for
Succinct Summary: Inflation is coming down but is still not down as much as the Fed is hoping for. The consumer remains resilient and the return to 2% inflation may be “unacceptably slow.” Jamie Dimon thinks that we should be prepared for even higher interest rates: “5, 6, maybe even 7” percent.
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