JPMorgan Chase CEO Jamie Dimon said in an interview published Monday that the U.S. economy, while performing well, has to fend off “inflationary” events. “The American economy is kind of booming right now. It’s good times,” Dimon told Alan Murray of The Wall Street Journal Leadership Institute. Dimon noted that corporate profits are “way up,”…
Key takeaways Jamie Dimon, CEO of JPMorgan Chase, recently described the U.S. economy as booming. In doing so, he referred to low unemployment and strong corporate profits as the main drivers of that prosperity. During a presentation at the Wall Street Journal's Leadership Institute, Dimon noted that the current economic climate is positive, with [...]