Top Financial Experts Warn of Stagflation Threat: JPMorgan CEO Sounds the Alarm

Published: Sep 13, 2024 Duration: 00:00:36 Category: News & Politics

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why do top Financial experts fear stagflation here's what JP Morgan's CEO has to say Jamie Diamond CEO of JP Morgan Chase has issued a stark warning about the US economy He suggests we might face stagflation stagnant growth paired with high inflation despite recent dips inflation remains above the federal reserve's 2% Target Diamond stresses this as the worst outcome scenario reminiscent of the 1970s economic malaise policy makers face a tough challenge taming inflation without triggering a recession the future is UNC certain and vigilance is key this is news in a minute don't forget to subscribe comment like and share

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