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: 15.07.2026 Expectation: 3500 pips
Sell GBPUSD with 1.30000 in view
Yesterday at 10:24 AM 33
Gold sell
Period: 31.05.2026 Expectation: 6000 pips
Gold sell-off targets $4,640
Yesterday at 09:51 AM 29
Period: 22.05.2026 Expectation: 620 pips
USDCAD challenges key resistance as bulls lose their grip
Yesterday at 09:29 AM 19
Period: 29.05.2026 Expectation: 180 pips
Purchasing Brent crude amid global energy deficit
Yesterday at 08:40 AM 32
Period: 22.05.2026 Expectation: 600 pips
AUDCAD pulls back on profit-taking after reaching five-year high
Yesterday at 06:48 AM 24
Period: 28.05.2026 Expectation: 155 pips
Investing in ETHUSD up to $2,425
14 May 2026 51
Go to forecasts