Jamie Dimon

The Federal Reserve will raise interest rates more than four times in 2022, possibly six or seven times.

“My view is a pretty good chance there will be more than four. It could be six or seven.”

Said on

14 January 2022 · JPMorgan Q4 2021 earnings call with analysts; said he expected more hikes than the implied curve (markets priced 3-4 for 2022)

Source

JPMorgan CEO Jamie Dimon says Fed could raise rates six or seven times · Fortune

Should come true

2022

How sure they sounded

a pretty good chance; it could be

Categories

Economy

Importance

3 of 5 · The pace of Fed tightening drives US borrowing costs and markets.

Outcome

Unresolvable

Re-scored under the hedge rule: Dimon said "a pretty good chance there will be more than four" hikes, which is possibility wording (like "a good chance" / "quite a good chance"), not a forecast. For the record, the Fed raised rates seven times in 2022.

Evidence:

• https://www.federalreserve.gov/monetarypolicy/openmarket.htm