As financial markets reel from a new round of tariffs and bond sell-offs, JPMorgan Chase CEO Jamie Dimon issued a stark warning that credit problems are mounting and corporate loan defaults may soon follow.
In an interview with Fox Business on Wednesday, Dimon said rising interest rates, sticky inflation, and widening credit spreads are setting the stage for a wave of financial strain among U.S. companies.
Newsweek: JP Morgan CEO Warns Businesses Are Going to Default on Loans
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