CoinWorld.net April 6 News, JPMorgan Chase CEO Jamie Dimon stated that higher-than-expected interest rates and war-related risks could lead to more persistent inflation. Certain aspects of the revised Basel III and global systemically important bank (G-SIB) additional capital requirement proposals remain "extremely absurd." Under the revised proposal, JPMorgan Chase's G-SIB additional capital requirement will only be "slightly" reduced to about 5.0%. The G-SIB additional capital requirement penalizes JPMorgan Chase's success; this move is "absurd" and "against the American spirit." The Iran war increases the likelihood of significant "oil and commodity price shocks" and reshaping of the global supply chain.

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