And significantly, one-fourth (25%) now expect a recession, up from 8% at the beginning of the year, according to a survey from JPMorgan Chase. Meanwhile, 55% of the business leaders in the survey ...

CEO Jamie Dimon sees “significant risks” from worsening geopolitical conditions, elevated asset prices, high fiscal deficits ...

JPMorgan is the latest bank on Wall Street to push out its recession forecast to 2024. The call comes just a few days after Bank of America suggested that a recession may not happen until next ...

NEW YORK] Large US banks reported results that topped estimates on Tuesday as executives pointed to American economic ...

JPMorgan scrapped its recession forecast for the first half of 2024 and now sees 55% odds of a soft landing. The bank sees a 30% chance that global expansion persists without major policy easing.

JPMorgan Chase, the biggest lender in the US, said Friday it set aside $1.4 billion in anticipation of a mild recession, even as it beat forecasts for quarterly profit on the back of a strong ...

JPMorgan strategist Mike Bell said the biggest market risk is if there is no recession this year and wage growth stays high. That would force the Federal Reserve to raise rates by more than ...

Investors say high inflation levels won't allow the Fed to pull back on rate hikes, per JPMorgan. Monetary tightening, along with profit-margin compression, will push the economy into a recession.

Some top executives at Wall Street banks have been showing concern about higher inflation and potential deterioration of the ...

The majority of small and midsize U.S. business leaders anticipate a recession in 2023, according to JPMorgan Chase’ s 2023 annual Business Leaders Outlook survey released today. In total, 65% ...

JPMorgan Chase on Tuesday posted better revenue than expected for the second quarter, though its net interest income was just ...

The Fed’s talk of a soft landing seemed far-fetched earlier this year, but now more economists are expecting just that. Here’s what economists at JPMorgan, BofA and elsewhere are saying now.