Jamie Dimon issues warning on rates: 'It will undress problems in the economy’
Higher rates jammed up swaths of the economy this year, from bankers who bet on low rates to consumers who can no longer afford mortgages or credit card debt.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Jamie Dimon issues warning on rates: 'It will undress problems in the economy’

### Response: Higher rates jammed up swaths of the economy this year, from bankers who bet on low rates to consumers who can no longer afford mortgages or credit card debt.