Odaily Planet Daily News JPMorgan Chase CEO Jamie Dimon recently said that he does not rule out the possibility of stagflation, although people are more confident that inflation is beginning to ease. Dimon warned at the fall meeting of the Committee of Institutional Investors in Brooklyn, New York that despite signs of cooling in the economy, serious risks remain. He said: "I think the worst outcome is stagflation - recession, higher inflation... I would not rule it out." Dimon expressed concern about the inflationary pressures that may persist, and he mentioned factors such as increased government spending and rising deficits. He pointed out that while inflation data is improving, indicators such as employment and manufacturing show that the economy is under pressure. He warned: "These are all inflation, basically in the short term, for the next few years." He stressed that despite some positive economic signals, there are still major uncertainties, and inflationary pressures may drag down the US economy. Dimon has been warning about the slowdown of the economy. He pointed out in August that the probability of a "soft landing" was only 35% to 40%, indicating that a recession may be a more likely outcome. He pointed to various uncertainties such as geopolitics, housing and spending. Meanwhile, JPMorgan Chase has raised the odds of a U.S. recession this year. (Bitcoin.com)