Jamie Dimon sees stagflation's storm clouds are coming for the US, sounds alarm for economy

JPMorgan Chase CEO Jamie Dimon has warned that the US economy could be heading towards stagflation, citing rising inflation, fiscal deficits, and global political risks. In an interview at the Global China Summit in Shanghai, Dimon expressed doubts about the current economic climate and backed the US Federal Reserves cautious stance. His comments come amid tariff tensions, uncertainty over government policy, and signs of investor anxiety. JPMorgan has also launched a new geopolitical research unit to help clients navigate global instability.