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CNBC: Dimon says economy is booming, but 'stagflation' risk remains

At the Economic Club of New York, Dimon said to watch out for "stagflation," which is an economic situation defined by high inflation and unemployment as well as slowed growth. Despite that concern, he said the American economy has continued to boom.

READ MORE: Dimon says economy is booming, but 'stagflation' risk remains