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

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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.

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