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Dimon Warns Inflation May Persist Until 2026

12/9/2025

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Story summary
  • Jamie Dimon, CEO of JPMorgan Chase, said inflation may continue into 2026 and the stock market could stay near highs.
  • He noted slight job weakening and persistent inflation.
  • The Consumer Price Index rose 3% year over year ending in September, after a 2.9% increase in August.
  • JPMorgan predicts inflation will rise to 3.5% by late 2025 before dropping to 2.8% in late 2026.
  • Affordability has gained attention in political discourse.