Dimon: US Economic Soft Landing Probability Unchanged at 35~40%
CryptoNewsTerminal Staff07 Aug, 2024
Dimon: US Economic Soft Landing Probability Unchanged at 35~40%
JP Morgan Chase CEO Jamie Dimon believes the probability of a soft landing for the US economy remains at 35-40%, indicating a higher likelihood of a more severe outcome. In a CNBC interview, Dimon cited geopolitical tensions, housing concerns, fiscal deficits, household spending, quantitative tightening, and political uncertainty as factors that create economic uncertainty. Regarding the possibility of joining the next administration's cabinet, Dimon stated his contentment with his current role.
