Doomsday is coming. JP Morgan CEO just issued brutal economic warning.
Jamie Dimon, the CEO of JP Morgan, just issued a major economic warning. Suggesting that interest rates and inflation could rise more into the future and that the US Economy still faces high risks of recession.
This warning is a reminder to home buyer, stock investors, and economic analysts that there is significant downside risk to the economy. And that Jerome Powell and the Federal Reserve might have difficulty cutting rates in 2024. In fact - they might eventually be forced to increase rates if CPI/inflation figures continue to come in hot.
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