The current banking crisis raises the risk of recession, JPMorgan Chase Chief Executive Jamie Dimon said Thursday, though he's confident the situation will...
The banking crisis does raise the risk of recession, JPMorgan Chase & Co. JPM Chief Executive Jamie Dimon said Thursday, though he’s confident the situation will be resolved.
But... The banking crisis does raise the risk of recession, JPMorgan Chase & Co. JPM Chief Executive Jamie Dimon said Thursday, though he’s confident the situation will be resolved. But Dimon stressed the situation is different than the events that led to the Great Recession, and is confident the current crisis will be resolved. “This is not 2008. OK? This is a much more limited — there are only a handful of banks that had this particular problem,” he told CNN’s Poppy Harlow, according to a CNN transcript. “They’ll eventually be resolved one way or another and I think then people should take a deep breath.
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