JPMorgan Chase&nbsp;<a href="https://nypost.com/2024/04/15/business/jamie-dimon-rakes-in-more-than-180m-from-planned-sale-of-jpmorgan-stock/">CEO Jamie Dimon</a> said the US economy was booming and consumer spending continued to be resilient.

The US economic boom is “unbelievable,” Dimon&nbsp;told&nbsp;the Economic Club of New York on Tuesday. “Even if we go into recession, the consumer’s still in good shape,” he said.

<button class="button button--modal-trigger" aria-label="Open the image in a modal." data-modal-image="31787568"> 
</button>
<figcaption>“Even if we go into recession, the consumer’s still in good shape,” JPMorgan boss Jamie Dimon said. <span class="credit">REUTERS</span></figcaption>

Still, he <a href="https://nypost.com/2024/04/12/business/jamie-dimon-warns-of-uncertain-year-ahead-as-jpmorgan-profit-rises/">reiterated caution</a> about the potential economic impact of deficit spending, inflation and geopolitical conflicts.

<em>This is a developing story. Please check back for updates.</em>

Still, he reiterated caution about the potential economic impact of deficit spending, inflation and geopolitical conflicts.{ai:summary}<p>JPMorgan Chase CEO praises US economy's resilience despite caution over deficit spending and geopolitical conflicts. #economy</p>

Jamie Dimon says US economy is ‘unbelievable’ and booming

Loading...