JP Morgan CEO: The impact of tariffs could still lead to a recession
2025-05-15 19:54:48
On May 15 local time, Jamie Dimon, CEO of JPMorgan Chase, said that as the impact of tariffs continues to hit the global economy, a recession is still possible. Dimon said in an interview on the same day that he hopes to avoid this situation, but he will not rule out this possibility for now. If there is a recession, I don't know how severe it will be or how long it will last. According to reports, the Trump administration's tariff policy has shaken the market for more than a month. Dimon said that due to the high volatility of the market, some customers are holding back their investments.
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