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Jamie Dimon says inflation eroding consumer wealth may cause recession next year

The comments from JPMorgan Chase CEO Jamie Dimon came on CNBC’s “Squawk Box” Tuesday.

Dimon, 66, has led the New York-based bank since 2006. Under his leadership, JPMorgan became the biggest U.S. bank by assets as it weathered the 2008 financial crisis, its aftermath and the 2020 coronavirus pandemic.

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Source: Finance - cnbc.com

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