JPMorgan Chase CEO Dimon calls on the United States to pay more attention to the fiscal deficit

Gelonghui, May 15 | JPMorgan Chase CEO Jamie Dimon said in an interview with Sky News on Wednesday that the United States needs to focus on reducing the fiscal deficit, otherwise it may become an even more troubling problem in the future.

Gelonghui, May 15 | JPMorgan Chase CEO Jamie Dimon said in an interview with Sky News on Wednesday that the United States needs to focus on reducing the fiscal deficit. Otherwise it may become a more troubling problem in the future.
Dimon echoes views previously expressed by other business leaders.
Dimon said any country can borrow money and drive some growth. But that doesn\’t always lead to good growth.
U.S. debt sustainability has been a concern for years, especially in the wake of the pandemic, when the government spent aggressively to boost the economy.
Experts warn that the debt the government is taking on could soon become unsustainable, fueling inflation and posing risks to the U.S. credit rating.

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