Don't be too happy too soon! JPMorgan Chase (JPM.US) CEO warns that the US still faces the risk of an economic recession.

According to the Wisdom Financial APP, Jamie Dimon, CEO of JPMorgan Chase, said in an interview on Thursday that even if the US and China significantly reduce tariffs in the near future, the US economy still faces a serious risk of recession. "If a recession does happen, I don't know how severe it will be or how long it will last. I hope we can avoid this situation, but I can't rule it out completely at this time."