Dimon Warns World May Not Be Ready for Fed at 7%: TOI

The video discusses the JP Morgan Summit, focusing on interest rates and the potential impact of a 7% Fed funds rate. It highlights market reactions, particularly in India, where markets expect rates to remain high but not reach 7%. The discussion also covers the global implications of such a rate increase.

What was the main topic discussed at the JP Morgan Summit?

• The role of cryptocurrencies in finance

• Technological advancements in banking

• The impact of climate change on markets

• The unpreparedness for a 7% Fed funds rate

How are Indian markets reacting to the Fed's commentary?

• Preparing for a 7% Fed funds rate

• Anticipating higher rates for a longer period

• Ignoring the Fed's commentary

• Expecting a decrease in interest rates

What is the current expectation of Indian investors regarding the 7% Fed funds rate?

• They are not yet considering it in their calculations

• They have fully accounted for it in their estimates

• They believe it will lead to a market boom

• They expect it to have no impact

What could be the global impact if the Fed funds rate reaches 7%?

• It would only affect the US market

• It would have no significant impact

• It would have global implications, including in India

• It would lead to a decrease in global trade

Would India be affected if the Fed funds rate reaches 7%?

• India would benefit from it

• No, India would be unaffected

• Yes, India would not be spared

• Only partially affected