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JPMorgan Chase CEO Jamie Dimon warned on Tuesday that encouraging economic data could soon turn worrisome as President Donald Trump’s tariffs continue to bite.
“You’re going to see real numbers, and I think there’s a chance real numbers will deteriorate soon,” Dimon said, according to a FactSet transcript of the Morgan Stanley US Financial Conference in New York.
Trump’s tariffs have yet to really affect data like monthly inflation and jobs reports, but the economy is prone to a downturn if that changes, he said.
Wall Street has
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