The Federal Reserve has left interest rates steady since January amid Trump’s tariff policies, which are unpopular among most Americans as economists argue that costs will be driven up for U.S. consumers. Chair Jerome Powell said earlier this month that the risks of even higher inflation and unemployment are rising.

JP Morgan CEO Jamie Dimon has warned that one big problem remains despite his belief that President Donald Trump’s “One Big, Beautiful Bill” will “stabilise things.” At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

JPMorgan Chase CEO Jamie Dimon discussed the burden of mortgage regulations on homebuyers and expressed concerns over economic risks like stagflation and tariffs.

JPMorgan Chase CEO Jamie Dimon warned that he sees an 'extraordinary amount of complacency' in markets that clawed back their 'Liberation Day' losses, emphasizing that the risks of higher inflation and even stagflation are still higher than people think.

Producer Price Index, a measure of wholesale costs, fell 0.5% in April. Margins are squeezed by tariffs and firms will likely pass costs to consumers

JPMorgan Chase & Co. CEO Jamie Dimon has voiced significant concerns about the US economy, stating he cannot dismiss the possibility of stagflation as the nation grapples with formidable risks stemming from geopolitical instability,