JPMorgan's Dimon says stagflation is possible outcome for US economy, but he hopes for soft landing
- JPMorgan CEO Jamie Dimon warns that stagflation is a possible outcome for the U.S. Economy amid efforts by the Federal Reserve to control high consumer prices.
- Dimon remains hopeful for a soft economic landing where growth slows without a recession, despite uncertainties about inflation levels.
- The Federal Reserve raised interest rates in response to the highest inflation in four decades in 2022 and 2023.
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Leaning Left6Leaning Right2Center9Last Updated11 days agoBias Distribution53% Center