JPMorgan Chase CEO Jamie Dimon discussed his company's employment locally, as well as the Columbus economy and what lies ahead.
in Columbus has cut some jobs in its mortgage business, a reflection of home lending being hurt by higher interest rates.
Overall, Dimon said the bank is investing $14 billion this year in areas such as technology, new branches and adding bankers and traders. Dimon warns that monthly economic numbers on areas such as employment and inflation are giving a distorted view of the state of the economy. 'We don’t know what’s going to happen then," he said."I look at that as danger ahead. Again, I'm hoping it all mitigates out. In the meantime you’re going to see a good jobs number, a bad jobs number, a good inflation number, a bad inflation number."Dimon noted the number of recent successes with companies such as Honda and Intel along with other companies that have a big presence here like Amazon and Chase.
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