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JPMORGAN CHASE (Jpm) CEO Jamie Dimon, a US recession triggered by President Trump tariffs and said the negative market reaction to trade policy “If we do not have a little progress.”
The boss of the starry US bank went a step as describing the last economic result its annual stock letter MondayThe forecasting of a recession has been suspended as soon as the tariffs may cause short-term inflation and slow growth.
On Wednesday, if the fox waits for a recession in the “Maria’s Mornings”, Dimon will postpone my company, but probably, I think this is probably, “he said.
JPMorgan’s own head of the US economist Michael Feroli became the first Great Wall Street Bank researcher last week, 2025 forecasted to give the recession to the weight of the tariffs’ weight.
Dimon discussed other possible consequences of the chaos, including the stress between bank borrowers. When asked if he received the growing number of loans on Wednesday, Dimon, Dimon said, “I’m still waiting for them,” he said.
“If you grow a little and inflation is sticky and the loan spreads, I think the loans you go for a long period of time,” he said.
As reporting the first quarterly gains of the bank, the more tips can come on Friday, as JPMorgan could affect.
This Stress signs in Wall Street have been an assembly. Ipos and combination was put on the shelf. Leverage Credit Deals pulled to the edges. Bond sales are stopped.
US Treasury Productivity This week, Treasury Secretary Scott Bessent also said belonging “Some great player” living in harm, but said that this is nothing “systematic.”
“It’s one of these conversions”, “This is one of these convulsions,” said, “This is one of these convulsions,” said, “This is one of these convulsions.” “
“I think this is a worried but normal hole in the intestinal market.”
On Wednesday, Dimon offered President Trump to better goals for better trade for the United States.
“It is perfectly acceptable to say that one is unfair of trade,” he said.
10:52:02 AM EDT. The market is open.
During the hour, the President, “Trade and fixing tariffs are a good thing!” – Dimon the phrase.