Jamie Dimon says inflation eroding shopper wealth might motive recession subsequent yr

Jamie Dimon, chairman and leader govt officer of JPMorgan Chase & Co., speaks all over a Senate Banking, Housing, and City Affairs Committee listening to in Washington, D.C., on Thursday, Sept. 22, 2022.

Al Drago | Bloomberg | Getty Pictures

The feedback from JPMorgan Chase CEO Jamie Dimon got here on CNBC’s “Squawk Field” Tuesday.

Dimon, 66, has led the New York-based financial institution since 2006. Beneath his management, JPMorgan was the largest U.S. financial institution via belongings because it weathered the 2008 monetary disaster, its aftermath and the 2020 coronavirus pandemic.

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