Dimon highlighted a dramatic shift in Europe’s economic standing relative to the U.S. “Europe has gone from 90% of U.S. GDP to 65% over 10 or 15 years. That’s not good,” he told the audience, which included Irish officials and business leaders.

Jamie Dimon warned that markets are underestimating inflation and the risk of more Fed rate hikes amid global trade tensions.

Steve Sedgwick and Silvia Amaro debate European competitiveness after JPMorgan CEO Jamie Dimon laments its lack of competitiveness in comparison to the U.S. and China.

Trump Always Chickens Out—JPMorgan CEO Jamie Dimon cautioned that investors may be underestimating the risks of relying on past tariff U-turns. UBS’s Paul Donovan reinforced this concern in a note seen by Fortune,

JPMorgan Chase CEO Jamie Dimon said on Thursday he thought the financial market was underestimating the possibility of U.S. interest rates climbing higher, a prospect he described as a "cause for concern".

JPMorgan Chase chief executive Jamie Dimon warned European leaders they have a competitiveness problem and that they are currently “losing” the battle to rival the US and China.

JPMorgan Chase chief Jamie Dimon has warned Europe is steadily losing economic ground to the US and China, falling from 90 percent to just 65 percent of US GDP in 15 years. Speaking in Dublin, Dimon urged leaders to fix deep structural problems and push for full market integration.

Europe is “losing” the fight for economic supremacy against its main rivals China and the US, and faces a drought of globally competitive companies, the head of JP Morgan has warned. Jamie Dimon, chief executive of the world’s biggest bank, warned EU leaders that the trading bloc had lost its edge compared to America.