Jamie Dimon said he was preparing for a full range of scenarios, including stagflation. The JPMorgan boss has recently voiced other downbeat views.

The word has been brought up in 121 of the 451 earnings calls conducted by S&P 500 firms between March 15 and May 15.

JPMorgan Chase said on Monday it was estimating the card services net charge-off rate, or the percentage of credit card debt the bank believes will not be repaid, to be between 3.6% and 3.9% for 2026.

Tariffs, volatility, and fading investor confidence--why JPMorgan's CEO says the risk of recession is still real

but a recent trade agreement between the U.S. and China has dialed back many of those warnings. JPMorgan on Tuesday lowered its odds of a recession this year from 60% to below 50%, meaning the U.S ...

JPMorgan Chase shares slid after the bank told investors its investment banking fees would decline this quarter and CEO Jamie Dimon said his succession plans were unchanged.

The largest US lender also said it might earn more from interest payments this year despite decline in the second quarter on Monday.

Jamie Dimon said he can’t rule out the possibility of stagflation as the US grapples with huge risks from geopolitics, deficits and price pressures.