Published Date Apr 25, 2024

During a recent appearance at the Economic Club of New York, JPMorgan Chase JPM CEO Jamie Dimon expressed concerns that the U.S. economy could witness challenges similar to those of the 1970s. He indicated the likely resurgence of stagflation — a condition characterized by low growth combined with high inflation — which could complicate inflationary risks currently being faced by the U.S. economy.

READ MORE: Is 1970s Stagflation Knocking at the Door? ETFs to Play

By Caroline Gaudette

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