Published Date Apr 25, 2024

JPMorgan Chase CEO Jamie Dimon has concerns that history could repeat itself.

The US economy “looks more like the 1970s than we’ve seen before,” he said earlier this week at a discussion hosted by the Economic Club of New York. He repeated that message in a Wall Street Journal interview published Thursday before the GDP report was released. “Things looked pretty rosy in 1972 — they were not rosy in 1973,” Dimon said.

READ MORE: Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare

By Caroline Gaudette

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