(Reuters) -JPMorgan Chase & Co CEO Jamie Dimon said that he can’t rule out that the U.S. economy will fall into stagflation as the country faces huge risks from geopolitics, deficits and price pressures, Bloomberg News reported on Thursday.

JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.

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JPMorgan Chase & Co. created a unit aimed at guiding clients through geopolitical risk, which Chief Executive Officer Jamie Dimon has said dwarfs any other concern throughout his career. The biggest US bank launched its “Center for Geopolitics” Wednesday with research on Russia and Ukraine,

The largest US lender also said it might earn more from interest payments this year despite decline in the second quarter on Monday.

Last year at JPMorgan Chase’s investor day Dimon said that the timetable for his departure was “less than five years.” When asked Monday how many more years he would remain as CEO, Dimon said: “The intent is the same as last year.

"Most important about the future of JPMorgan Chase's future is the discipline and culture in place," Chairman and CEO Jamie Dimon said on Monday at the company's Investor Day event when asked about succession.

The boss of Wall Street’s biggest bank fears that extreme complacency crept into the market as investors shook off last month’s tariff scare. Wall Street strategists say he might be on to something.