Jamie Dimon said he can’t rule out the possibility of stagflation as the US grapples with huge risks from geopolitics, deficits and price pressures.

The head of America’s largest bank said he does not think the U.S. government “wants to leave China,” despite tariff tensions.

CEO Jamie Dimon have been warning of incoming stagflation, putting more pressure on the Federal Reserve to make a move on interest rates. State Street Global Advisors Chief Economist Simona Mocuta shares her outlook on when Fed officials could begin cutting rates as it attempts to balance inflation with the other half of its dual mandate,

We’re not sure whether Dimon brought this on by voting for Trump, who insisted Dimon had endorsed him during the campaign, but Dimon denied it. Still, as a supporter of the first Trump administration, Dimon might have eventually pulled the lever for Trump.

Jamie Dimon, CEO of JPMorgan Chase, often referred to as the "King of Wall Street," warned again on Thursday that he could not rule out the possibility of the US economy slipping into stagflation due to significant risks such as geopolitical tensions, fiscal deficits, and price pressures.

The US Federal Reserve has stopped sugar-coating it: stagflation is no longer a fringe fear. It's a looming threat. Last week's sharp warni

"I think the chance of inflation going up and stagflation is a little higher than other people think," Jamie Dimon said on Monday.

Risks of higher unemployment and higher inflation have risen, according to the Federal Reserve. Those factors may prompt stagflation.

Stagflation is a real risk we cannot rule out,” warned Stuart Mackintosh, echoing Jamie Dimon’s concerns about the U.S. economy. As the CEO of JPMorgan Chase, Dimon has been vocal about the potential repercussions of President Donald Trump’s tax bill,