US EditionJPMorgan CEO Dimon warns tariffs could slow US growth, fuel inflation
- JPMorgan CEO Jamie Dimon warns that President Donald Trump's tariff policy could raise prices and weaken America's global standing.
- Dimon notes that recent tariffs may increase inflation and raise the likelihood of a recession.
- The US stock market is approaching bear market territory, marking the second-fastest peak-to-bear market shift in history.
- Dimon emphasizes that America's strength lies in its economy, military, and morals, and that fragmentation of alliances could weaken the country over time.
192 Articles
192 Articles
Riksbank: Tariffs risk driving up inflation
Trump's tariffs risk driving up inflation, warns Riksbank Governor Erik Thedéen. - The one who introduces tariffs is typically the one who suffers the most. But the uncertainty hits everyone, he says. At the same time, the US Treasury Secretary says that China is making a big mistake with its response measures.
El Tiempo Latino
elplaneta.comING and JP Morgan already anticipate a scenario with real backsliding salaries
If the comparisons are always odious, what you are about to read is the most odious thing you will see today. When prices skyrocketed in 2022, wages also went up and employment was not missing. That dynamic amortized the blow. But today, although the labor market remains solid, the hirings are slowing down and wage growth slows down: in March it was only 3.8%, according to official data. With tariffs that could carry the effective rate to 22.5% …
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