4.6 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

spot_imgspot_img

Popular

More like this
Related

Fed Governor Lisa Cook Unsure About December Interest Rate Move

Cook’s comments add to the growing sentiment that a...

What to Know About Obamacare Rates for 2026

Health premiums in the Affordable Care Act Marketplace will...

Laws Passed, Super to Be Paid at the Same Time as Wages From 2026

CPA Australia warned that the shift will not be...

Australia Plummets in Global Rankings for Digital Competitiveness

The country has fallen 8 places to 23rd, down...