JPMorgan Chase CEO Jamie Dimon predicts a 35-40% chance of recession due to stagflation concerns.

JPMorgan Chase CEO Jamie Dimon has expressed concerns about the potential for stagflation, where high inflation coincides with stagnant growth. Despite signs of easing inflation, he cites ongoing issues like rising deficits and infrastructure spending as pressures on the economy, which is already facing the effects of higher interest rates. Dimon suggests a recession is more likely than a "soft landing," estimating a 35% to 40% chance of the latter.