Economy Alert: JPMorgan Chase CEO Warns of Possible "Hard Landing" for U.S. Economy
Washington, DC – JPMorgan Chase & Co CEO Jamie Dimon expressed concerns about the U.S. economy potentially experiencing a “hard landing” during a recent Senate committee hearing. Dimon’s remarks come amid growing uncertainty surrounding economic stability and growth in the country. Speaking at the JPMorgan Global China Summit in Shanghai, Dimon highlighted the possibility of a “stagflation” scenario, where inflation rises while growth slows and unemployment remains high. He emphasized that this outcome could lead …