ChainCatcher news, according to Bitcoin.com, JPMorgan Chase CEO Jamie Dimon reiterated that recession is still the most likely outcome for the US economy, and he insisted that the probability of a "soft landing" is only 35% to 40%.
In an interview with CNBC, Jamie Dimon emphasized the continued uncertainty facing the market, pointing out geopolitics, housing, deficits, spending, quantitative tightening, and elections, all of which can cause panic in the market. Although he was cautious, he admitted that the economy performed better than expected.