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JPMorgan CEO Jamie Dimon says can’t rule out ‘hard landing’ for the U.S., stagflation will be ‘worst outcome’

'Put me in the cautious side on this one': Jamie Dimon shares his outlook on U.S. interest rates

JPMorgan Chase‘s chairman and CEO Jamie Dimon says a “hard landing” for the U.S. cannot be ruled out.

When asked by CNBC’s Sri Jegarajah about the prospect of a hard landing, Dimon replied: “Could we actually see one? Of course, how could anyone who reads history say there’s no chance?”

The CEO was speaking at the JPMorgan Global China Summit in Shanghai.

Dimon said the worst outcome for the U.S. economy will be a “stagflation” scenario, where…


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Ukraine war live updates: Russia's Belgorod region comes under nighttime attack; Norway blocks entry for most Russian tourists

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