JPMorgan Chase CEO: The Federal Reserve is more likely to raise interest rates than the market estimates

JPMorgan Chase CEO Jamie Dimon said that the Federal Reserve has the possibility of raising interest rates. "I think the probability of raising interest rates is higher than others expect," Dimon said. "If the market's pricing reflects a 20% probability, then my estimate is a 40% to 50% probability." [Odaily Planet Daily]