JPMorgan’s CEO Says US Economy Is Weakening After Big Jobs Revision

Jamie Dimon says the outlook remains unclear, as consumers appear less confident while corporate profits remain resilient.
JPMorgan’s CEO Says US Economy Is Weakening After Big Jobs Revision
JPMorgan Chase CEO Jamie Dimon speaks at The Institute of International Finance annual membership meeting at the Ronald Reagan Building in Washington on Oct. 24, 2024. Kevin Dietsch/Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

JPMorgan Chase CEO Jamie Dimon said this week that the U.S. economy is showing signs of strain after a major downward adjustment to government jobs data.

Employment growth was far weaker than initially reported, raising fresh questions about the outlook for growth, inflation, and interest rates.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
twitter