share_log

"JPMorgan CEO Jamie Dimon Says U.S. Could See A 'Hard Landing,' Stagflation Will Be 'Worst Outcome'" - CNBC

Benzinga ·  May 23 13:15
  • JPMorgan Chase's chairman and CEO Jamie Dimon says the the U.S. economy could see a "hard landing."

  • Speaking at the JPMorgan Global China Summit in Shanghai, he told CNBC that the worst outcome for the U.S. economy will be a "stagflation" scenario, where inflation continues to rise, but growth slows amid high unemployment.

  • Dimon said interest rates could still go up "a little bit."

JPMorgan Chase's chairman and CEO Jamie Dimon says the the U.S. economy could see a "hard landing."

When asked by CNBC's Sri Jegarajah about the prospect of a hard landing...

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment