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While Fed officials held interest rates in place at their September FOMC meeting, some of Wall Street's biggest names remain uncertain on the trajectory of regulators' monetary policy. JPMorgan Chase (JPM) CEO Jamie Dimon told the Times of India in an interview: "I am not sure if the world is prepared for 7%."

Yahoo Finance anchors Brad Smith and Seana Smith examine Dimon's comments and how the US economy is currently balancing unemployment and elevated interest rates in the Fed's attempt to alleviate inflation.

For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.