(Bloomberg) — The war in Ukraine and relationships with China are among the top concerns facing the economy, Jamie Dimon said.Most Read from Bloomberg“The thing I worry the most about is Ukraine,” the JPMorgan Chase & Co. chief executive officer said Monday on Bloomberg Television. “It’s oil, gas, the leadership of the world, and our relationship with China — that is much more serious than the economic vibrations that we all have to deal with on a day-to-day basis.”The US economy might escape a deep recession, according to Dimon.“We could still have a soft landing,” he said. “A mild recession is possible, a harder recession is possible. I think there’s a good chance that inflation will come down, but not enough by the fourth quarter — the Fed may actually have to do more.”Even though the US consumer is “in great shape now,” that will end at some point, he said.Read more: Dimon Says the US Economy Is Facing Some ‘Scary Stuff’ AheadIn the wide-ranging interview, Dimon also touched on the potential for artificial intelligence.AI “is a technology which is staggering,” the 66-year-old CEO said. “We’re already using it to do risk, fraud, marketing, prospecting — and it’s the tip of the iceberg. To me this is extraordinary.”–With assistance from Daniel Taub.Most Read from Bloomberg Businessweek©2023 Bloomberg L.P.
