JP MORGAN CHASE(US:JPM) 贝塔投资智库·2025-07-11 03:59Core Viewpoint - Jamie Dimon, CEO of JPMorgan Chase, warns that the market is complacent regarding President Trump's tariff plans, emphasizing the need for a tariff framework and a trade agreement between the EU and the US [1][2] Group 1: Tariff and Trade Agreement - Dimon highlights the importance of reaching a preliminary trade agreement between the EU and the US, which may allow the EU to lock in a 10% tariff rate after the August 1 deadline for negotiations on a permanent agreement [1] - He notes that the EU is facing significant competitiveness issues, which are linked to sluggish economic growth in the region, as outlined in a report by former Italian Prime Minister Mario Draghi [1] Group 2: Interest Rate Outlook - Dimon believes that the likelihood of interest rate hikes is higher than market expectations, suggesting a probability of 40% to 50% for an increase, compared to the market's 20% [2] - He indicates that the Federal Reserve is currently in a wait-and-see mode due to expectations of rising inflation, which has prevented any rate cuts this year [1][2]