JPMorgan chief Jamie Dimon warns US economy faces an outcome worse than a recession

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JPMorgan chief Jamie Dimon warns US economy faces an outcome worse than a recession

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JPMorgan Chase CEO Jamie Dimon has said he would not rule out an outcome for the US economy which is widely considered to be worse than a recession. The chief executive of the biggest bank in the US said this week 'the worst income is stagflation,' which he would not 'take off the table.' Economists consider stagflation, last seen in the US in the 1970s, to be worse than a recession.
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