Watch live: Jamie Dimon speaks at Reagan economic forum
Dimon warned in his annual letter to shareholders last month that prolonged inflation and higher interest rates caused by the war could tip the U.S. economy into a recession. “The skunk at the party — and it could happen in 2026 — would be inflation slowly going up, as opposed to slowly going down. This alone could cause interest rates to rise and asset prices to drop,” Dimon said.
- ▪Dimon warned in his annual letter to shareholders last month that prolonged inflation and higher interest rates caused by the war could tip the U.S. economy into a recession.
- ▪“The skunk at the party — and it could happen in 2026 — would be inflation slowly going up, as opposed to slowly going down.
- ▪This alone could cause interest rates to rise and asset prices to drop,” Dimon said.
Opening excerpt (first ~120 words) tap to expand
Video Watch live: Jamie Dimon speaks at Reagan economic forum Comments: by TheHill.com - 05/29/26 9:00 AM ET Comments: Link copied by TheHill.com - 05/29/26 9:00 AM ET Comments: Link copied NOW PLAYING Jamie Dimon, chairman and CEO of JPMorganChase, will speak at the Reagan National Economic Forum on Friday as the U.S. faces rising inflation amid the war in Iran. Dimon warned in his annual letter to shareholders last month that prolonged inflation and higher interest rates caused by the war could tip the U.S. economy into a recession. “The skunk at the party — and it could happen in 2026 — would be inflation slowly going up, as opposed to slowly going down. This alone could cause interest rates to rise and asset prices to drop,” Dimon said. The U.S.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hill.