
Wall Street titan Jamie Dimon said Thursday that a recession is still a serious possibility for the United States, even after the recent rollback of tariffs on China. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. “If there’s a recession, I don’t know how big it will be or how long it will last. Hopefully we’ll avoid it, but I wouldn’t take it off the table at this point,” the JPMorgan Chase CEO said in an interview with Bloomberg Television.
Main Idea: JPMorgan Chase CEO Jamie Dimon said a U.S. recession is still a real possibility, even after recent tariff rollbacks.
Key Points:
JPMorgan Chase's warning of a possible recession points to job losses, weaker pay, and tighter credit for households and small businesses.
Tariff pauses could ease price pressure and give consumers and workers a little more room to plan.
Rate how each entity in this article affected the American people.
JPMorgan Chase CEO and central figure whose recession warning is the main focus of the article.
Dimon’s employer and the bank whose economists are cited on recession odds.
The article centers on the U.S. recession outlook and tariff-related economic risk.
JPMorgan Chase chief U.S. economist quoted for his recession outlook, but not the article’s main focus.
Interview outlet where Dimon made the comments.
Comments here are the same thread shown when this article appears in The Pulse.
No comments on this article yet.
Sign in to comment