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Jamie Dimon warns that an economic nightmare scenario remains a risk | CNN Business

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JPMorgan Chase CEO Jamie Dimon isn't ruling out stagflation in the United States, citing risks posed by large government budget deficits, including in America, and the disruption to global trade induced by US tariffs.
Jamie Dimon, CEO of JPMorgan Chase, expressed concerns about the potential for stagflation in the U.S. economy during an interview on May 22, 2025. He highlighted the risks of persistent inflation combined with stagnant economic growth, drawing parallels to the economic conditions of the 1970s. Dimon pointed to factors such as geopolitical tensions, supply chain disruptions, and aggressive fiscal policies as contributors to the current economic uncertainty. He urged policymakers to remain vigilant and proactive in managing these challenges to prevent a prolonged period of stagflation, which could have severe implications for global markets and economic stability.

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[ https://www.cnn.com/2025/05/22/economy/jamie-dimon-stagflation-intl ]