Jamie Dimon Warns of Stagflation Risk: ‘We Have To Be Prepared’
‘The restructuring of trade is inflationary’
(Via Mediaite)
JPMorgan CEO Jamie Dimon warned the US economy could be hit with stagflation due to a number of “inflationary” factors, including President Donald Trump’s tariffs.
“There’s a chance that (we’ll) have stagflation (in the US),” Dimon told Bloomberg in a Thursday interview at JPMorgan’s Global China Summit in Shanghai.
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