23 Hrs
Source:
البلاد
Source: البلاد
23 Hrsالبلاد
Source: البلاد
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Jamie Dimon, CEO of JPMorgan Chase Bank, warns of five economic risks that threaten the momentum of the U.S. economy, despite the continued strength of consumer spending and investment activity. These risks include a significant fiscal deficit, stubborn inflation, rising asset prices, increasing interest rates, and geopolitical tensions. In September, inflation rose to 3.7%, which heightened the likelihood of the Federal Reserve raising interest rates again, amid ongoing increases in government debt service costs projected to reach nearly two trillion dollars for the 2026 fiscal year. The report also highlighted that the fiscal deficit is intensifying pressures on public finances, especially with the rising government debt and interest payments.
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