'Serious stuff.' JPMorgan CEO warns U.S. will likely follow Europe into recession next year

'Serious stuff.' JPMorgan CEO warns U.S. will likely follow Europe into recession next year

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The Facts Inside Our Reporter’s Notebook JPMorgan Chase CEO Jamie Dimon warned Monday the U.S. will likely follow Europe into a recession in six to nine months. 
Dimon, the head of the largest U.S. bank, said that the American economy is presently "still doing well" and that consumers are likely to fare better than during the 2008 recession. 
"But you can't talk about the economy without talking about stuff in the future — and this is serious stuff," Dimon told CNBC. 
He noted that inflation, the significant increase in interest rates, and Russia's invasion of Ukraine were all factors indicating...
Source: https://justthenews.com/nation/economy/jpmorgan-ceo-warns-us-will-likely-follow-europe-recession-next-year?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators