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JPMorgan CEO Issues Inflation Warning

May 21, 2025

by Hugh Cameron
MSN

JPMorgan Chase CEO Jamie Dimon has warned that inflation risks remain elevated despite the temporary reduction in tariffs announced by the U.S. and China last week, and that markets have exhibited an “extraordinary amount of complacency” regarding the long-term impacts of the trade dispute.

Speaking at the financial institution’s investor day on Monday, Dimon said: “I don’t think we can predict the outcome and I think the chance of inflation going up and stagflation is a little higher than other people think,” he added.

Why It Matters

While inflation has eased, according to recent official data, consumer surveys reveal lingering anxieties about the prospect of rising prices through 2025—anxieties that, as Dimon noted, the tariff pause has not yet dispelled.

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