JPMorgan boss Jamie Dimon on Thursday said the US economy continues to face the risk of stagflation due to ballooning deficits, geopolitical tensions and price pressures from President Trump’s trade war.

JP Morgan CEO Jamie Dimon says Trump’s tax bill will ‘stabilise things’ - but there’s still one big problem - ‘There's a chance that [...] you'll have stagflation,’ the JP Morgan Chase CEO said Thursd

Stagflation is a real risk we cannot rule out,” warned Stuart Mackintosh, echoing Jamie Dimon’s concerns about the U.S. economy. As the CEO of JPMorgan Chase, Dimon has been vocal about the potential repercussions of President Donald Trump’s tax bill,

JPMorgan Chase CEO Jamie Dimon has come to the defence of Fed chairman Jerome Powell, saying his cautious approach is appropriate.