Key Words: ‘Take a deep breath’: Jamie Dimon says banking crisis raises risk of recession, but it’s not 2008 all over again

by | Apr 6, 2023 | Stock Market

The banking crisis does raise the risk of recession, JPMorgan Chase & Co. JPM Chief Executive Jamie Dimon said Thursday, though he’s confident the situation will be resolved. In an interview aired Thursday night on “CNN PrimeTime,” Dimon said the banking industry’s current woes are “like another weight on the scale” toward a recession. “It won’t necessarily force recession, but it is recessionary,” he said. But…

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