JPMorgan CEO casts doubt on ability to manage economic fallout

24/10/2023 Argaam
Jamie Dimon, CEO ofJPMorgan Chase Co.

Jamie Dimon, CEO of JPMorgan Chase & Co.

JPMorgan Chase & Co.’s CEO Jamie Dimon voiced doubts that central banks and governments around the world could manage the economic fallout from rising inflation and slowing global growth.

 

At the Future Investment Initiative (FII) Summit in Riyadh, Dimon likened the current situation to that of the global economy in the 1970s, when spending was high and government debt reached record levels.

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