JPMorgan Chase CEO Jamie Dimon sees up to 30% chance of 'harder recession': Report

JPMorgan Chase CEO Jamie Dimon sees up to 30% chance of 'harder recession': Report
·1 min read

JPMorgan Chase & Co. CEO Jamie Dimon said recently he sees a 20% to 30% chance of a "harder recession" and a 10% chance of a soft landing in the economy as the U.S. Federal Reserve hikes interest rates, according to a Saturday report from Yahoo Finance. Dimon reiterated his view that "storm clouds" remain on the economic horizon. He said he sees a 20% to 30% chance of "something worse" than a harder recession, but added it would be a mistake to pinpoint the exact probability. He expects the Fed'