Jamie Dimon Warns of Recession Risks Despite Economic Resilience

JPMorgan CEO maintains a 35%-40% chance of a 'soft landing' while expressing skepticism about the Fed's inflation target.

JPMorgan raises recession probability to 35% by year-end, citing economic indicators.
Dimon highlights uncertainties including geopolitics, housing, and deficit spending as market concerns.
Despite market fluctuations, Dimon remains optimistic about the economy's resilience and potential recovery.
The Federal Reserve is expected to make significant interest rate cuts in the near future.
Experts are divided on the likelihood of a recession, with some arguing that current indicators do not point to an imminent downturn.