JPMorgan CEO Warns of 2 'Extraordinary' Storm Clouds Hitting US Economy With Potential 'Bad Outcome'.
JPMorgan Chase CEO Jamie Dimon has warned of two “extraordinary” things happening right now that may have “adverse consequences” for the US economy. Additionally, executives have urged investors and businesses to prepare for higher interest rates. “I don't think inflation will continue to fall,” he said, adding that in a worst-case scenario, you would see “a lot of people struggling.”
JPMorgan Chase CEO Jamie Dimon has warned of two “extraordinary” things happening right now that may have “adverse consequences” for the US economy. Additionally, executives have urged investors and businesses to prepare for higher interest rates. “I don't think inflation will continue to fall,” he said, adding that in a worst-case scenario, you would see “a lot of people struggling.”
