Jamie Dimon sounds alarm on risk of stagflation
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20hon MSN
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
JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.
JPMorgan Chase CEO Jamie Dimon has come to the defence of Fed chairman Jerome Powell, saying his cautious approach is appropriate.