JPMorgan's Jamie Dimon doesn't see recession in short term, but warns of uncertainties

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JPMorgan's Jamie Dimon doesn't see recession in short term, but warns of uncertainties
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JPMorgan Chase CEO Jamie Dimon said Wednesday that he does not anticipate the U.S. entering into a recession in 2022 but continued to warn of economic uncertainties such as soaring inflation and the ongoing war on Ukraine.

said Wednesday he does not envision the U.S. falling into a recession this year, but emphasized there are major factors challenging the economy right now that could have unforeseen impacts.

JP Morgan CEO Jamie Dimon looks on during the inauguration the new French headquarters of JP Morgan bank, June 29, 2021 in Paris.has "strong underlying growth right now" that keeps him from predicting a recession in the near future, saying that growth will continue through the second and third quarters but "after that, it's hard to predict."

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