JPMorgan flashes US recession warning
Apr 7th 2023 12:38pm EDT
The banking crisis has heightened risk of an economic downturn, the Wall Street bank claims The recent turmoil in the financial industry caused by the collapse of Silicon Valley Bank (SVB) has made a US recession more likely, JPMorgan Chase CEO Jamie Dimon has warned, noting that lenders are now tightening credit. “We are seeing […]
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