JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon has still not ruled out a possible recession in 2026, even though U.S. GDP is tracking upwards right now.

“I hope for the best and plan for the worst,” Dimon told Bloomberg TV in an interview on Tuesday, adding he thought a recession could still happen next year.

Veteran Banker’s Views Closely Watched By Investors

Billionaire banker and Wall Street veteran Dimon’s comments are closely watched by markets, more so because of his blunt and hot takes on the economy.

Last month, he said the U.S. economy was weakening after a lackluster jobs report from the Bureau of Labor Statistics (BLS).

“I am a little more nervous about inflation not coming down like people expect,” Dimon said on Tuesday. Consumer prices increased 2.9% in the year to ...