JPMorgan’s Dimon warns inflation, political polarization, wars creating risks not seen since WWII
By KEN SWEET, AP Business Writer
Published: April 8, 2024, 7:10am
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FILE - Jamie Dimon, chairman and CEO, JPMorgan Chase & Co., speaks during a Senate Banking, Housing, and Urban Affairs Committee oversight hearing to examine Wall Street firms on Capitol Hill, Dec. 6, 2023 in Washington. The nation’s most influential banker, JPMorgan Chase CEO Dimon, told investors Monday, April 8, 2024, that he continues to expect the U.S. economy to be resilient and grow this year. But he worries geopolitical events including the war in Ukraine and the Israel-Hamas war, as well as U.S. political polarization, might be creating an environment that “may very well be creating risks that could eclipse anything since World War II.”(AP Photo/Alex Brandon, File)
NEW YORK (AP) — The nation’s most influential banker, JPMorgan Chase CEO Jamie Dimon, told investors Monday that he continues to expect the U.S. economy to be resilient and grow this year. But he worries geopolitical events including the war in Ukraine and the Israel-Hamas war, as well as U.S.
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