Jamie Dimon Says a Mild Recession Is Still on the Table: ‘There’s a Lot of Uncertainty Out There’
As the U.S. economy continues to remain volatile, JPMorgan Chase is warning that a recession is not off the table.
In an analyst note published Wednesday, economists at JPMorgan raised the odds of a recession this year from 25% to 35%, noting there’s also a 45% chance of a recession in the second half of 2025.
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“U.S. wage inflation is now slowing in a manner not seen in other DM [developed market] economies,” the note said.