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JPMorgan Chase & Co Chief Executive Jamie Dimon said the United States and the global economy could tip into a recession by the middle of the next year. Runaway inflation, big interest rate hikes, the Russian invasion of Ukraine, and the unknown effects of the Federal Reserve’s quantitative easing policy are among the indicators of a potential recession, he said. “These are very, very serious things which I think are likely to push the U.S. and the world, I mean, Europe is already in recession, and they’re likely to put the U.S. in some kind of recession six to nine months from now,” Dimon said.
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