Jamie Dimon says JPMorgan is hoarding cash because ‘very good chance’ inflation is here to stay

Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Marlene Awaad | Bloomberg | Getty Images Jamie Dimon believes cash is king – at least for the time being. JPMorgan Chase has been “effectively stockpiling” cash rather than using it to buy Treasuries or other investments because of the possibility higher inflation will force […]

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