For the best experience use inshorts app on your smartphone
US recession likely in 6 to 9 months from now: JPMorgan CEO
short by Pragya Swastik / on 10 Oct 2022,Monday
America's largest bank JPMorgan Chase's CEO Jamie Dimon on Monday said that the US could tip into a recession in six to nine months from now. He cited runaway inflation, big interest rate hikes and the Russian invasion of Ukraine as the indicators of a potential recession. He also cited the unknown effects of the US Fed's quantitative easing policy.
short by Pragya Swastik / 10:50 pm on 10 Oct
For the best experience use inshorts app on your smartphone