Jamie Dimon Says Tariffs Might Inflict More Pain
- JPMorgan Chase CEO Jamie Dimon warned on May 19, 2025, that tariffs might cause more economic pain despite initial market calm.
- The warning follows a 90-day tariff rollback agreement between the US and China intended to allow trade negotiations with about 100 countries.
- Dimon noted markets show complacency while tariffs challenge small businesses and retail giants, and Moody's downgraded US debt citing growing deficits.
- Dimon noted that after the market dropped by 10%, it recovered by the same margin, reflecting a surprisingly high level of investor complacency, and he warned that the likelihood of stagflation is about twice as high as commonly expected.
- Dimon's remarks imply that inflation, earnings declines, and economic stagnation risks are higher than expected, urging caution amid ongoing trade uncertainties.
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Dimon slams mortgage regulations for pushing rates higher, hurting lower-income homebuyers
JPMorgan Chase CEO Jamie Dimon on Monday criticized financial regulators for not easing rules that are raising costs for borrowers buying a home that he says are unnecessary.Dimon was speaking at JPMorgan Chase's annual investor day, which was held virtually, and discussed his frustration with mortgage lending rules that increase costs and make homeownership less affordable for lower-income buyers."I've mentioned over and over, the cost of mortg…
·United States
Read Full ArticleJamie Dimon warns that investors are showing ‘extraordinary amount of complacency’
JPMorgan Chase CEO Jamie Dimon says the full effects of tariffs have yet to be felt and that markets are exhibiting an “extraordinary amount of complacency” in the face of those and other risks.
·Atlanta, United States
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Total News Sources33
Leaning Left7Leaning Right6Center8Last UpdatedBias Distribution38% Center
Bias Distribution
- 38% of the sources are Center
38% Center
L 33%
C 38%
R 29%
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