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JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon warned that prolonged high interest rates could strain U.S. consumers and credit markets. Dimon highlighted risks from persistent inflation, elevated asset prices and geopolitical instability in his latest public comments. He also pointed to tightening credit standards and…
JPMorgan Chase & Co. is the largest of the United States’ “Big Four” banks and a global financial-services company headquartered in New York City. Its principal businesses include Consumer & Community Banking; Commercial & Investment Banking; and Asset & Wealth Management, alongside corporate functions. The present…
JPMorgan Chase & Co. (JPM) CEO Jamie Dimon on Tuesday warned that several economic risks are "shifting below the surface like tectonic plates" despite the U.S. economy's resilience.