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Jamie Dimon, CEO of JPMorgan Chase, said that with the ongoing impact of tariffs, a global economic recession is still possible. "We hope to avoid it, but I cannot rule out this possibility at the moment," Dimon said in an interview at JPMorgan's annual global market conference held in Paris on Thursday. The tariff policy of the Trump administration has caused market volatility for more than a month, and Dimon said that some clients have delayed investments due to the volatility.
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