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Dimon Warns: War in Iran Could Spark Higher Inflation

Published 1 week, 6 days ago
Description

JPMorgan Chase CEO Jamie Dimon warns of potential inflation surge due to Iran conflict, Middle East tensions, and global supply chain issues. Markets react negatively, with the S&P five hundred experiencing its worst quarter since 2022. Dimon also cautions about potential losses in the private credit market if the lending cycle turns sour.

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