By Elisabeth Buchwald, CNN
(CNN) — While many economists are saying the risk of an imminent recession has diminished since China and the United States agreed to lower tariffs earlier this week, JPMorgan Chase’s CEO, Jamie Dimon, is still penciling one in.
“I wouldn’t take it off the table at this point,” Dimon said in a Bloomberg TV interview on Thursday at an annual conference the bank hosts in Paris.
After the trade breakthrough from weekend talks in Geneva between Trump administration officials and Chinese government officials, JPMorgan economists lowered the risk of the US economy entering a recession to below 50% from 60% previously.
Dimon said during the Thursday interview that he does not see President Donald Trump regularly but he speaks to “all of the folks there.”
This is a developing story and will be updated.
The-CNN-Wire™ & © 2025 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
Jamie Dimon continues to warn of recession, despite pullback in China tariffs News Channel 3-12.
Hence then, the article about jamie dimon continues to warn of recession despite pullback in china tariffs was published today ( ) and is available on News channel ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Jamie Dimon continues to warn of recession, despite pullback in China tariffs )
Also on site :
- Crews respond to large fire at Denny Hamlin's parents' house in Stanley: Sources
- Reported tornado rips roofs off multiple homes in central Illinois
- Heidi Klum ditches bikini top to cozy up to husband Tom Kaulitz during St. Barths vacation