Jamie Dimon: Inflation, Unsettling Global Landscape Threaten Economy

April 12, 2024

Article from Newsmax by Sam Barron

Article Synopsis

Jamie Dimon, the chair and CEO of JPMorgan Chase, warns of potential economic risks. While many indicators remain favorable, he expresses concern about several factors: inflation, global uncertainty, and the need for preparedness. JPMorgan Chase’s profits increased by 6.3% year over year to $13.42 billion. Rising inflation clouds America’s economic outlook, reaching 3.5% in March. Dimon also highlights the impact of Biden’s policies, interest rates, and the growing debt crisis .

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