Jamie Dimon
JPMorgan CEO Jamie Dimon.
  • Jamie Dimon expects the Federal Reserve's war on inflation to shake markets at some point.
  • The JPMorgan CEO predicts further interest-rate hikes will catch some unprepared companies out.
  • Dimon warns overseas conflicts are a key concern and could hit the American economy.

Investors should prepare for turmoil as the Federal Reserve forges ahead in fighting inflation, Jamie Dimon says.

"I personally believe that at one point it will rattle the markets," the JPMorgan CEO told Yahoo Finance on Wednesday, referring to the Fed's efforts to curb price growth by raising borrowing costs and shrinking the US money supply. "You're going to see markets get a little rattled."