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Bitcoin.com 2024-09-16 00:30:58

JPMorgan CEO Warns of Recession Threat, Higher Inflation, Stagflation

JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation. The JPMorgan executive warned that the U.S. economy is not yet out of the woods and suggested the possibility of a recession remains significant. Jamie

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