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  • News From Press Rate hikes and reversal of carry trades unlikely to have a domino effect: Jamie Dimon, JPMorgan

    Rate hikes and reversal of carry trades unlikely to have a domino effect: Jamie Dimon, JPMorgan

    Source: Economic Times Sep 20, 2018

    India is on a steady growth path, aided by policy initiatives that have helped Asia’s third-biggest economy climb the ease-of-doing-business rankings. In such a scenario, India is set to benefit more from continued US growth than a contraction in the American economy, as a US recession has the potential to inflict greater damage than the costlier dollar, JPMorgan chief executive Jamie Dimon tells Joel Rebello and MC Govardhana Rangan during an interaction.

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