<span>STORY: JPMorgan CEO Jamie Dimon warned on Monday that a war with Iran could hit oil and commodity prices, which could keep inflation sticky and interest rates higher than markets currently expect.</span><span>Schultz said the risk was real, but past energy peaks followed a different pattern.</span><span>“Jamie Dimon’s comments about rising energy markets and the potential impact of rising interest rates are certainly possible. But ultimately, when you look at past peaks in energy price spikes, which have generally coincided with peaks in long-term interest rates, if we do get a resolution in the next few months, we’re going to be in for a long time.”</span><span>That outlook depends on whether the war with Iran is resolved in the coming months, he added. </span><span>“While markets are not pricing in any rate hikes or cuts this year, as we move through the next few months, if there is a resolution, we think the Fed will eventually cut rates.”</span>
