US EditionDimon: ‘Inflation is there and maybe not going down’
Jamie Dimon said inflation remains a challenge despite strong consumer spending and corporate profits, with a 3% inflation rate exceeding the Federal Reserve's target, officials reported.
- Jamie Dimon, chief executive of JPMorgan Chase, warned Saturday in a Fox News interview in Hunt Valley, Maryland, that inflation is a weak spot and 'Inflation is there and maybe not going down.'
- Government data show Department of Labor figures report prices rose.3% from September 2024 to this past January with a 3% year-to-year rate, while the Tax Foundation said tariffs may raise prices and reduce goods.
- Despite price pressures, financial indicators show U.S. companies and stock indices performed well earlier this year, while credit metrics normalized and delinquency rates remain normal.
- Policymakers highlight that workers with weakening job trends will influence future growth, while Howard Lutnick, CEO of Cantor Fitzgerald, last week predicted GDP over 4% next year.
- With little change in job gains, the Department of Labor reported stable employment from April to September, while the Department of Commerce noted consumer spending slowed from August to September.
7 Articles
7 Articles
Dimon: ‘Inflation is there and maybe not going down’
JPMorgan Chase CEO Jamie Dimon said inflation may persist through the coming year, but that the stock market could remain at near-historic highs as well. Dimon gave his assessment of the “broader macro story” for the 2026 economy in an interview on Fox News’s “Sunday Morning Futures” this weekend. “In the short run, it looks…
The Baltimore Sun
JPMorgan Chase CEO says inflation is weak spot in otherwise strong economy
JPMorgan Chase Chief Executive Officer Jamie Dimon said during a Fox News interview over the weekend that the prices of goods and services in the United States are rising even though consumers and businesses are healthy.
Dimon: 'Inflation is there and maybe not going down'
JPMorgan Chase CEO Jamie Dimon said inflation may persist through the coming year, but that the stock market could remain at near-historic highs as well. Dimon gave his assessment of the “broader macro story” for the 2026 economy in an interview on Fox News’s “Sunday Morning Futures” this weekend.…
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