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Recession coming soon? Here's what CEO of biggest US bank said about its possibility in US, China and India

By Economic Times - 2 months ago
JP Morgan CEO Jamie Dimon, in an interview, highlighted global economic concerns, particularly the persistence of inflation and geopolitical risks. He emphasized the importance of geopolitical factors over financial markets in shaping the future, while acknowledging the strength of the US economy. Dimon also expressed optimism about India's economic progress, citing reforms like Aadhaar and GST as key contributors to its growth. With 55,000 employees supporting JP Morgan’s global operations in India

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