Jamie Dimon warns businesses over rising borrowing costs
JPM JPMorgan Chase & Co
$339.72 +1.25%
View chart & analysis → - 1JPMorgan Chase CEO Jamie Dimon warned that borrowing costs are rising and many companies are unprepared.
- 2A 62.5% increase in JPMorgan's serious non-performing loans was reported in the first week of October.
- 3As of October 8, 2026, the average 30-year fixed mortgage rate recorded 7.40%.
So what's the key point?
There is a warning that the costs of borrowing money are going up and many companies are not ready. This means companies could face difficulties as non-performing loans have increased by 62.5%.
Source Moneywise · View original ↗
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