JPMorgan CEO Jamie Dimon Warns Something Worse Than Recession Remains a Risk for the U.S. Economy

A recession is a period of economic decline typically marked by a drop in Gross Domestic Product (GDP), rising unemployment, and reduced consumer spending. It occurs when businesses cut back, production slows, and overall economic activity decreases. In a recession, inflation usually falls because demand for goods and services drops, which puts downward pressure on […] source: https://www.cryptoglobe.com/latest/2024/09/jpmorgan-ceo-jamie-dimon-warns-something-worse-than-recession-remains-a-risk-for-the-u-s-economy/