Finance
Dimon Warns Higher Inflation Risks Being ‘Skunk at a Party’ for US Economy
JPMorgan CEO Jamie Dimon
Photographer: Samuel Corum/BloombergJPMorgan Chase & Co. Chief Executive Officer Jamie Dimon warned that inflation could become a “skunk at a party” for the US economy.
“There’s some risk there’s more inflation than people think, and that could be like a skunk at a party if that ever happens,” Dimon said Monday in a CNBC interview at his firm’s annual leveraged finance conference in Miami. “Hopefully it doesn’t happen.”