Jamie Damon said this scary, as if the end of the world was coming. Still, Wall Street bigwigs like to exaggerate. Dimon said the Fed is likely to continue raising rates by 1.

Jamie Damon said this scary, as if the end of the world was coming. Still, Wall Street bigwigs like to exaggerate.

Dimon said the Fed is likely to raise rates by another 1.5 percentage points to 7 percent. So what? But he may have forgotten an important question: Will the U.S. economy collapse after the Fed raises interest rates? After all, economic collapse is the most terrible thing.

However, then again, if the Fed does raise interest rates to 7%, the US economy may already be in recession by then. After all, rising interest rates mean higher borrowing costs for businesses and depressed consumption. So, as scary as Dimon's words sound, he is actually just reminding everyone that the Fed's rate hikes are not without cost.

Of course, these views and views have yet to be verified. But what happens if the Fed does raise rates to 7%? What does everyone think. #Brilliant Flower Planing Challenge# #国际#