JPMorgan CEO Jamie Dimon Says U.S. Economy Is Solid, Warns of Risks
In a statement accompanying the bank’s third-quarter results, Jamie Dimon cited strong business investment and consumer spending while warning of risks including large fiscal deficits, sticky inflation and elevated asset prices.
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11:15:47 AM UTC
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Strong business investments and ongoing consumer spending continue to fuel the U.S. economy, JPMorgan Chase CEO Jamie Dimon says in prepared earnings remarks. "However, large fiscal deficits, sticky inflation, elevated asset prices, rising interest rates and geopolitical conditions continue to shif…
S. economy continued to be fueled by strong business investment and ongoing consumer spending. However, large fiscal deficits, sticky inflation, elevated asset prices, rising interest r…