JPMorgan Chase CEO Jamie Dimon in a new interview raised concerns over the U.S. economy as inflation increases, saying he sees a "weakening" in the job market.
“The lower income wages haven't gone up for a long period of time,” Dimon told CNN’s Erin Burnett in an interview that aired Wednesday.
“There's ... weakening in the job market, there’s no question," he continued. “It's not recessionary, it's just weakening.“
Dimon added, “Will it continue to weaken? I don’t know.”
President Trump on Wednesday traveled to Miami to promote his economic agenda, highlighting the administration's efforts to lower gas prices, drop interest rates and secure investments from other countries.
“One year ago, we were a dead country," Trump said. "Now we’re a country that’s considered the hottest country

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