JPMorgan CEO Dimon says US economy is booming

Drudge Report— (Reuters) -JPMorgan Chase CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances. The U.S. economic boom is "unbelievable," Dimon said at an Economic Club of New York event on Tuesday. Dimon, who has run the largest U.S. lender for more than 18 years, has cautioned that inflation could be more persistent than expected, keeping interest rates higher for longer.

WKBN.com—JPMorgan’s Dimon hopes for soft landing for US economy but says stagflation is a possible scenario. NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation. In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the []

Entrepreneur—JPMorgan Chase CEO Jamie Dimon Says He Is Worried About 'Stagflation' — Here's Why. JPMorgan Chase CEO Jamie Dimon is worried about "stagflation," a period of slow economic growth, high unemployment, and high inflation. Here's why.

www.theyeshivaworld.com—JPMorgan’s Dimon Says Stagflation Possible For US, But He Hopes For Soft Landing. JPMorgan CEO Jamie Dimon says stagflation could be one of a number of possible outcomes for the U.S. economy as the Federal Reserve attempts to tame stubbornly high consumer prices. In an interview with The Associated Press at a Chase branch opening in The Bronx, Dimon said he remained “cautious” about the U.S. economy and […]