Jamie Dimon, chief executive of JPMorgan Chase, recently warned that the U.S. economy could soon face trouble, according to CNN. Dimon highlighted rising government deficits, persistent inflation, and geopolitical tensions as risks that could hit the economy soon. He stopped short of predicting disaster, but raised the possibility of stagflation — when prices increase while growth stalls.
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Jamie Dimon, Chairman and CEO, JPMorganChase, speaks during the Reagan National Defense Forum at the Ronald Reagan Presidential Library in...
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