JPMorgan Chase CEO Jamie Dimon isn’t ruling out stagflation in the United States, citing risks posed by large government budget deficits, including in America, and the disruption to global trade induced by US tariffs.

The head of America’s largest bank said he does not think the U.S. government “wants to leave China,” despite tariff tensions.

JPMorgan CEO Jamie Dimon warned the US economy could be hit with stagflation due to a number of "inflationary" factors, including Donald Trump's tariffs. The post Jamie Dimon Warns of Stagflation Risk: ‘We Have to Be Prepared’ first appeared on Mediaite.