Jamie Dimon Warns of 5 Economic Threats Lurking 'Under the Surface'
Dimon said consumer spending and business investment are holding up, but higher inflation, deficits and borrowing costs could strain growth.
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7 Articles
Jamie Dimon Warns of 5 Economic Threats Facing the U.S.
JPMorgan Chase CEO Jamie Dimon has warned that five economic threats could put pressure on the U.S. economy, even as consumer spending and business investment continue to support growth. Dimon’s remarks appeared in JPMorgan’s quarterly earnings release last week, which revealed that the nation’s largest bank fell short of Wall Street analysts’ profit expectations. “The […]
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The New York LedgerJamie Dimon warns of 5 economic threats lurking 'under the surface'
JPMorgan Chase CEO Jamie Dimon warns that fiscal deficits, sticky inflation, rising interest rates and elevated asset prices threaten U.S. economic growth.
Jamie Dimon identifies five risks for the US economy: persistent inflation, high public deficits, overrated assets, rising rates and geopolitical tensions.
Jimmy Damon, the CEO of the Bank, warned of five economic risks that could strain US growth, despite the economy's continued support for consumer spending and corporate investment. Risks include large fiscal deficits, continued inflation, rising asset prices, interest rate rises, and geopolitical tensions, as reported by Damon in the Bank's quarterly results statement.
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