The CEO of JPMorgan Chase has warned that the US is just months away from a recession as the ramps up interest rates to battle high . Jamie Dimon, head of the largest bank in America, predicted that the US will fall into a recession by 2023, citing 40-year high inflation, the central bank's push to raise interest rates, and the impacts of Russia's . 'These are very, very serious things which I think are likely to push the U.S. and the world — I mean, Europe is already in recession — and they're likely to put the U.S. in some kind of recession six to nine months from now,' he told .
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