22 May | 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.

Brent sell
Period: 01.08.2025 Expectation: 250 pips
Brent crude caught between trade talk uncertainty and OPEC+ supply pressures
Yesterday at 11:13 AM 27
Period: 30.07.2025 Expectation: 800 pips
AUDCAD enters correction after failed test of 0.9 level
Yesterday at 09:49 AM 14
Period: 31.10.2025 Expectation: 15000 pips
High time to sell Ethereum. $2,800 target per coin is in sight
Yesterday at 09:45 AM 25
Period: 01.08.2025 Expectation: 1700 pips
GBPUSD correcting before another growth wave
Yesterday at 07:15 AM 28
Period: 30.07.2025 Expectation: 10700 pips
ETHUSD rebounds toward $3,740 after correction
24 July 2025 61
Period: 29.08.2025 Expectation: 3000 pips
Anticipating inevitable SPX correction
24 July 2025 48
Go to forecasts