Europe

JPMorgan CEO Says Stagflation Remains a Risk

Jamie Dimon’s remarks come as Europe’s central banks balance inflation against slowing growth.
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JPMorgan CEO Says Stagflation Remains a Risk
JPMorgan Chase & Co. CEO Jamie Dimon speaks during the Business Roundtable CEO Innovation Summit in Washington on Dec. 6, 2018. Jim Waton/AFP via Getty Images
Evgenia Filimianova
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JPMorgan Chase CEO Jamie Dimon said on April 28 that while he is not currently concerned about inflation, he still sees stagflation as a possible worst-case economic scenario.

Speaking at Norges Bank Investment Management’s Investment Conference in Oslo, Norway, Dimon said that inflation risks may be higher than markets assume.

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Evgenia Filimianova
Evgenia Filimianova
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Evgenia Filimianova is a UK-based journalist covering a wide range of international stories, with a particular interest in foreign policy, economy, and UK politics.