JPMorgan CEO Jamie Dimon Warns of Economic Uncertainty Amid Geopolitical Tensions
JPMorgan Chase CEO Jamie Dimon highlighted a "heightened degree of uncertainty" in the U.S. economy, citing geopolitical tensions, trade policy shifts, and persistent inflation risks. Despite resilience in economic indicators, Dimon noted softening job growth and complex challenges ahead.
The bank's quarterly earnings release coincided with broader market jitters following recent tariff announcements. Wells Fargo CEO Charlie Scharf echoed the sentiment of client financial strength, even as major financial institutions like Citigroup and Goldman Sachs prepare to report earnings.