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Top Wall Street banker warns of US economy risks ...News
Ukraine crisis and Russia sanctions have added to soaring inflation, JPMorgan boss says The combination of inflation, the conflict in Ukraine and Russia sanctions may “dramatically increase risks ahead” for the United States, JPMorgan’s Chief Executive Jamie Dimon said in his annual letter to shareholders on Monday. He has warned of unpredictable consequences for the nation’s economy. According to Dimon, the outbreak of the conflict in Europe has changed things, roiling markets, realigning alliances, and restructuring global trade patterns. That introduces both risks and opportunities for the US and other countrie
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