Jamie Dimon, JPMorgan and Stagflation
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JPMorgan Chase CEO Jamie Dimon isn’t ruling out stagflation in the United States, citing risks posed by large government budget deficits, including in America, and the disruption to global trade induced by US tariffs.
19hon MSN
I am not saying it is going to happen, but we have to be prepared for something like that,” Dimon said while attending a JPMorgan summit in China.
And so I do think if the regulators change regulations, it will free up capital and liquidity to finance the system," Dimon said during JPMorgan Chase's first-quarter earnings call on April 11.
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.