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...
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