Dimon Warns of Prolonged Inflation and Higher Rates, Sees AI Bringing Major Changes
• Inflation may prove more persistent than expected, keeping rates high and raising recession risk
• Interest rates could soar past 8% if inflation remains sticky, per Dimon
• Artificial intelligence's impacts could prove as transformative as the printing press
• JPMorgan continues supporting diversity, equity and inclusion initiatives
• Regional bank crisis may be over but higher rates still pose economic threat