Jamie Dimon says US could have ‘Goldilocks moment’ as Covid-19 eases
In his annual letter to shareholders, the JPMorgan Chase CEO speaks about fast and sustained growth while inflation ticks up gently
07 April 2021 - 17:27
JPMorgan Chase CEO Jamie Dimon says he is optimistic the Covid-19 pandemic will end with a US economic rebound that could last at least two years.
“I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more quantitative easing (QE), a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the US economy will likely boom,” Dimon said on Wednesday in his annual letter to shareholders. “This boom could easily run into 2023.”..
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