JPMorgan Chase CEO Jamie Dimon: The probability of a rate hike by the Federal Reserve is higher than market expectations.

Jamie Dimon, CEO of JPMorgan Chase, said that there is a possibility of a rate hike by the Federal Reserve. "I think the probability of a rate hike is higher than what others are expecting," Dimon said. "If the market's pricing reflects a 20% chance, I estimate the probability to be between 40% and 50%."