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Jamie Dimon says inflation may bring ‘mild or hard recession’ in 2023

In an interview on CNBC earlier today, JPMorgan CEO Jamie Dimon said, "Inflation is eroding everything I just said, and that trillion and a half dollars will run out sometime mid year next year. When you’re looking out forward, those things may very well derail the economy and cause a mild or hard recession that people worry about." Dimon added, "The American banking system is unbelievably sound in a million different ways. Our capital cup runneth over." Reference Link

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