Jamie Dimon says inflation eroding consumer wealth may cause recession next year
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., on Thursday, Sept. 22, 2022.
Al Drago | Bloomberg | Getty Images
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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