Top Wall Street banker makes recession prediction ...News

Russia Today - Economy
Top Wall Street banker makes recession prediction
source : Russia Today ( News ) () 39
Europe is already in recession, and the US could soon follow, Jamie Dimon says The US economy could plunge into recession in the next six to nine months, JPMorgan Chase CEO Jamie Dimon told CNBC this week. According to Dimon, the economy is “actually still doing well,” though soaring inflation, higher-than-expected interest rate hikes, and the situation in Ukraine are a “very serious” combination that could lead to recession. “You can’t talk about the economy without talking about stuff in the future – and this is serious stuff… These are very, very serious things which I think are likely to push the US and the wo

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