Mon - Fri 8:00 - 6:30

Because everything affects our health, life, and legacy.

Business

Article Image Business
On HALO

4 hours ago

Jamie Dimon warns Iran war could drive inflation, interest rates higher

JPMorgan Chase CEO Jamie Dimon warned in his annual letter to shareholders that the war in Iran could lead to more stubborn inflation as well as higher interest rates than what the market is currently anticipating.Dimon's letter was released Monday in conjunction with JPMorgan's annual report for 2025 and said that the Iran war may cause energy shocks along with disruptions to global supply chains that could cause inflation to remain higher than expected.Inflation that persists above the Federal Reserve's 2% and rises further from its already elevated level could also prompt the central bank t...

HALO NEWSLETTER

Join HALO today and unlock this story instantly — It's Free

4 hours ago
On HALO

Opinion and Comments