Jamie Dimon warns US faces likely recession next year ...Middle East

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Jamie Dimon warns US faces likely recession next year
The head of the largest U.S. bank said Monday he believes a combination of rising interest rates and geopolitical tensions will drive the U.S. and global economies into recession before the end of 2023. “These are very, very serious things which I think are likely to push the U.S. and the world — I mean, Europe is already in recession — and they’re likely to put the U.S. in some kind of recession six to nine months from now,” JPMorgan Chase Jamie Dimon said at a Monday event hosted by CNBC. While Dimon said the U.S. economy remained strong at the moment, he expressed fears it would slide into a recession at some point next year as the Federal Reserve boosts interest rates to fight r

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