Be ready for energy prices to spike and interest rates to climb higher, Jamie Dimon said.
The JPMorgan CEO warns geopolitical threats like Russia's invasion of Ukraine are critical concerns.
AdvertisementAdvertisementBe prepared for higher energy prices, steeper interest rates, and a potential economic hangover from a reduction in government spending, Jamie Dimon says.
But Russia's invasion of Ukraine – and how it's reshaping global relations – is the number one threat to the world, according to the JPMorgan CEO.
"I think people should be prepared for higher oil and gas prices, higher rates," Dimon told CNBC-TV18 on Tuesday.
Persons:
Jamie Dimon, —, Dimon, we've
Organizations:
Service, Ukraine –, JPMorgan, CNBC, TV18, Federal Reserve
Locations:
Ukraine, Russia, European, China