JPMorgan CEO Jamie Dimon warns of potential US stagflation, with slow economic growth and high inflation.

JPMorgan CEO Jamie Dimon says stagflation, a combination of slow economic growth and high inflation, is a possible outcome for the US economy. He remains cautious about the US economy, stating that inflation may stick around for longer than expected. However, Dimon hopes for a "soft landing," where the economy slows but avoids a recession, though he admits it's not the most likely outcome.

April 26, 2024
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