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Chase CEO letter to shareholders -Interest rates

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AndySoCal
Valued Contributor

Chase CEO letter to shareholders -Interest rates

The letter itself was a 61 page letter. The link below is a few takeways from the letter. The article includes an interst range.

 

https://www.msn.com/en-us/money/markets/us-bank-boss-warns-interest-rates-could-rise-to-8/ar-BB1ljJB... 

 

 

It is contrary to most of Wall Street thinking at the moment

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5 REPLIES 5
keekers
Established Contributor

Re: Chase CEO letter to shareholders -Interest rates

Interesting. Thanks for sharing.


Message 2 of 6
CorpCrMgr1
Valued Contributor

Re: Chase CEO letter to shareholders -Interest rates

Thank you for sharing. 

Message 3 of 6
Alcuria
Member

Re: Chase CEO letter to shareholders -Interest rates

Whatever Dimon's faults, I think he's correct on this issue.


The last couple of weeks have seen several of the FedRes governors discuss a slowing of rate cuts this year and the cuts potentially starting later in the year.

 

People should consider auto refi sooner rather than later.

Message 4 of 6
CreditCuriosity
Moderator Emeritus

Re: Chase CEO letter to shareholders -Interest rates

I would concur with the article.  I don't think 3 interest rate cuts will happen this year maybe one and things likely to get worse as they have in last few days on 10 years than better.  Question will politics get involved as NOV gets closer.  They shouldn't but will they?

Message 5 of 6
FicoMike0
Established Contributor

Re: Chase CEO letter to shareholders -Interest rates

yes politics will get involved.

 

Message 6 of 6
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