“You know, I said that thunderclouds are coming, but now I will say it differently: this is a hurricane,” Dimon said.
He added that banks need to take preparatory measures in connection with the expected recession.
Earlier, the head of the World Bank, David Malpas, did not rule out the possibility of a recession in the global economy due to the situation in Ukraine.
Before that, White House chief economic adviser Brian Deese did not rule out the risk of a recession in the United States.