JPMorgan Chase CEO Jamie Dimon updates bank’s Bitcoin policy
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JPMorgan Chase & Co. boosted its forecast for US economic growth after a temporary trade deal between the US and China, dropping its earlier call that the world’s largest economy would sink into a recession in 2025.
JPMorgan Chase CEO Jamie Dimon discussed the burden of mortgage regulations on homebuyers and expressed concerns over economic risks like stagflation and tariffs.
JPMorgan Chase's chief global strategist suggests that the US economy, while likely to dodge a recession, should brace for slower growth.
JPMorgan Chase CEO Jamie Dimon is not ruling out the possibility of a US recession, saying Thursday that 'I wouldn't take it off the table at this point.'
Recession remains a possibility as tariff fallout continues to buffet global economies, according to JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon.
JPMorgan Chase estimates a rise in credit card net charge-off rates to between 3.6% and 3.9% for 2026, up from 3.6% projected for 2025. Amid economic uncertainties, CEO Jamie Dimon highlighted potential recession risks.
JPMorgan Chase said on Monday it was estimating the card services net charge-off rate, or the percentage of credit card debt the bank believes will not be repaid, to be between 3.6% and 3.9% for 2026.
Billionaire and hedge fund legend Steve Cohen reportedly believes that the US economy is not yet over the hump despite positive developments over the last few weeks.