Here's what CEO of biggest US bank said about the possibility of a recession in US, China and India

  • Posted on September 24, 2024
  • By Business News Today
  • 3 Views
Here's what CEO of biggest US bank said about the possibility of a recession in US, China and India

JP Morgan CEO Jamie Dimon, in an interview, highlighted global economic concerns, particularly the persistence of inflation and geopolitical risks. He emphasized the importance of geopolitical factors over financial markets in shaping the future, while acknowledging the strength of the US economy. Dimon also expressed optimism about India's economic progress, citing reforms like Aadhaar and GST as key contributors to its growth. With 55,000 employees supporting JP Morgans global operations in India
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