JPMorgan CEO Warns Against Persistent Inflation and Market Instability

JPMorgan’s CEO, Jamie Dimon, has expressed alarm over persistent inflation that is unlikely to abate soon. According to Odaily, he highlighted the severity of market volatility fueled by tariffs as a significant challenge. He emphasized the urgent need for progress in trade negotiations to restore stability to financial markets. Dimon also noted that hedge funds are currently engaged in deleveraging strategies and other participants are active in the market. He stressed that trade agreements should prioritize strengthening relationships between trading partners, rather than undermining them.