The JPMorgan Chase CEO, Jamie Dimon, warned President Trump that the US economy faces “considerable turbulence” of his threats to begin a global commercial war.
“The economy faces considerable turbulence (including geopolitics), with the possible possible aspects of fiscal reform and deregulation and the possible negatives of rates and ‘commercial wars’, a non -accessible sticky inflation, high fiscal deficits and still said.” As always, we expect the best but we prepare the firm for a wide range of scenarios. “
Dimon made his comments on a presentation, since the largest bank in the United States reported a 9% increase in profits for the beginning of 2025, registering $ 14.6 billion in net income for the first quarter of 2025.
That is $ 13.4 billion for the same period per year and exceeded the expectations of analysts of $ 13.6 billion.
This is a development story. Consult the updates again.