22 May 2025 | Dollar

JPMorgan Chase CEO warns of US stagflation risks

JPMorgan Chase CEO warns of US stagflation risks

JPMorgan Chase CEO Jamie Dimon warned of serious risks to the US economy during his speech at the Global Summit in Shanghai. He highlighted that a combination of high budget deficits, inflationary pressures, and geopolitical instability could push the country toward stagflation.

Dimon noted that escalating trade tensions between the US and China are worsening economic conditions. Reciprocal tariffs, he said, are causing businesses to delay investments, further slowing growth. Meanwhile, with declining faith in dollar-denominated investments, money managers are diversifying into other assets.

The CEO endorsed the Federal Reserve’s cautious approach, calling it the right strategy amid high uncertainty. As Bloomberg reported, the central bank is avoiding rushed interest rate changes given the complex economic landscape.

Period: 16.11.2026 Expectation: 5700 pips
Invest in GBPUSD up to 1.38700
Yesterday at 10:10 AM 17
Period: 31.10.2026 Expectation: 1300 pips
Selling AUDCAD from 0.9890
Yesterday at 08:51 AM 14
Period: 16.11.2026 Expectation: 280 pips
Buy Brent crude with $106.15 in view
Yesterday at 08:51 AM 13
Period: 31.10.2026 Expectation: 500 pips
Go short on AUDUSD due to anemic labor market in Australia
15 October 2026 46
Period: 15.11.2026 Expectation: 6000 pips
USDJPY sell-off targets 152.00
15 October 2026 53
Period: 15.11.2026 Expectation: 265 pips
Sell ETHUSD upon breaking $2,350 support
15 October 2026 36
Go to forecasts