Dimon

By Chris Newlands Business reporter, BBC News 1 hour ago Image source, Getty Images The boss of one of the world’s biggest banks has warned US interest rates could climb to 8%. Jamie Dimon, the head of JPMorgan Chase, said his bank has prepared for interest rates to jump because of . . .

In the late 19th century Alexander Hamilton wrote “national debt, if it is not excessive, will be to us a national blessing.” A nice idea in theory, but America’s governments since then haven’t quite stuck to the plan. Instead, the U.S. economy is resting atop a public debt exceeding $34 trillion, with its debt-to-GDP ratio […]

Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17yth, 2024. Adam Galici | CNBC JPMorgan Chase CEO Jamie Dimon said he remains cautious on the U.S. economy over the next two years because of a combination of financial […]

JPMorgan’s Jamie Dimon: We don’t recalibrate regulations and it …  CNBC Source link

HONG KONG, May 31 (Reuters) – JPMorgan Chase & Co (JPM.N) CEO Jamie Dimon on Wednesday warned “uncertainty” caused by the Chinese government could hurt investor confidence at home and abroad, and said the U.S. and China need “real engagement” on security and trade issues.

The US economy has obstacles to overcome, though there’s still a chance for a so-called soft landing, Jamie Dimon said. “The US economy right now is doing quite well — consumers have a lot of money, they’re spending it, jobs are plentiful,” the JPMorgan Chase & Co. chief executive officer said on CNBC Thursday. “Out […]

Washington — Jamie Dimon, the CEO of JPMorgan Chase, America’s largest bank, said the ongoing war in Ukraine should serve as a “turning point” that lulls U.S. leaders out of a “false sense of security.” “Ukraine is a turning point where, you know, maybe all this sort of self-illusion that we had, that somehow the […]

RIYADH, Oct 25 (Reuters) – JPMorgan Chase & Co’s Chief Executive Jamie Dimon said on Tuesday that the geopolitics of the world today are more concerning than a possibility of a recession in the United States. Speaking at a conference in Riyadh, Dimon said the conflict between Russia and Ukraine, geopolitics between the United States […]

JP Morgan Chase & Co. Chairman & Chief Executive Officer Jamie Dimon testifies before the House Financial Services Committee on accountability for megabanks in the Rayburn House Office Building on Capitol Hill in Washington, DC on April 10, 2019. Mandel Ngan | AFP | Getty Images JPMorgan Chase CEO Jamie Dimon on Thursday summarized the […]

June 1 (Reuters) – Jamie Dimon, Chairman and Chief Executive of JPMorgan Chase & Co (JPM.N) described the challenges facing the U.S. economy akin to an “hurricane” down the road and urged the Federal Reserve to take forceful measures to avoid tipping the world’s biggest economy into a recession.


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