US Economy to Tip Into Recession 'in 6 to 9 Months', JPMorgan CEO Warns

In August, JPMorgan CEO Jamie Dimon had warned of a small, 10% chance, of an economic slowdown in the US that doesn’t lead to a recession, predicting that the Federal Reserve’s goal of bringing down inflation from 8% to 4% by the end of the year was “highly unlikely.