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Jamie Dimon says banking disaster raises recession threat, nevertheless it’s not 2008 yet again


The banking disaster does increase the chance of a recession, JPMorgan Chase & Co. CEO mentioned Thursday. Jamie Dimon, though he’s assured that the scenario will likely be resolved.

In an interview that aired Thursday evening on “CNN PrimeTime,” Dimon mentioned the banking trade’s present troubles are “like one other weight on the scales” on the highway to recession. “It isn’t essentially going to result in a recession, nevertheless it’s a recession,” he mentioned.

However…



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