11.3 C
Ottawa
Tuesday, November 4, 2025

JPMorgan’s CEO Says US Economy Is Weakening After Big Jobs Revision

Date:

JPMorgan’s CEO Says US Economy Is Weakening After Big Jobs Revision

JPMorgan Chase CEO Jamie Dimon speaks at The Institute of International Finance annual membership meeting at the Ronald Reagan Building in Washington on Oct. 24, 2024. Kevin Dietsch/Getty Images

JPMorgan Chase CEO Jamie Dimon said this week that the U.S. economy is showing signs of strain after a major downward adjustment to government jobs data.

Employment growth was far weaker than initially reported, raising fresh questions about the outlook for growth, inflation, and interest rates.

Share post:

Subscribe

Popular

More like this
Related

US Manufacturing Sends Mixed Signals in October

A worker prepares to lift a steel beam with...

Starbucks Selling Control of China Business to Boyu Capital in $4 Billion Deal

The new joint venture aims to regain momentum amid...

Restaurants Use Tips to Cut Labor Costs

Nok Lek Travel Lifestyle/ShutterstockYou received great service and want...

Hegseth Says US-South Korea Alliance Will Stay Focused on Deterring North Korea

U.S. Secretary of War Pete Hegseth (L) shakes hands...