Back to today’s briefing

Story perspectives

JPMorgan CEO Warns: Recession Risks Heighten Amid Trade War

5/19/2025

49 5

Summary

Story summary

JPMorgan Chase CEO Jamie Dimon sounded the alarm on a potential U.S. recession, attributing concerns to President Trump's trade war. With inflation surpassing the Federal Reserve's goals and growth decelerating, Walmart's CEO echoed worries about rising consumer prices from tariffs. Dimon emphasized the need for vigilance, as recession risks loom despite recent market gains.

1 of 1

Story summary

JPMorgan Chase CEO Jamie Dimon sounded the alarm on a potential U.S. recession, attributing concerns to President Trump's trade war. With inflation surpassing the Federal Reserve's goals and growth decelerating, Walmart's CEO echoed worries about rising consumer prices from tariffs. Dimon emphasized the need for vigilance, as recession risks loom despite recent market gains.