JPMorgan CEO Jamie Dimon said “extremely high government debt levels with the largest peacetime fiscal deficits ever” could prolong elevated inflation and push interest rates still higher. | Jacquelyn Martin/APJPMorgan Chase CEO Jamie Dimon on Friday warned investors that geopolitical threats in Ukraine and the Middle East could herald “the most dangerous time the world has seen in decades.”
“The war in Ukraine compounded by last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships,” DimonJPMorgan reported a $13.15 billion profit for the July-September period. But Dimon cautioned of potential turmoil ahead.
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