Global markets will face increased volatility as central
banks bring interest rates back to normal levels, JPMorgan Chase CEO Jamie Dimon
said.
“We should all hope for a normalization of interest rates —
that’s a good thing,” Dimon said yesterday during a panel discussion at the
Fortune Global Forum in Chengdu ,
China . “As we
go back to normal, it’s going to be scary, and it’s going to be kind of
volatile.”
Investors have been encouraged to buy riskier assets as
global central banks unleashed unprecedented monetary stimulus after the
financial crisis of 2008….
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