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JPMorgan CEO sees post-pandemic boom; He says 'Goldilocks' run could last into 2023

Apr 08, 2021 - USA Today

JPMorgan Chase CEO Jamie Dimon said the U.S. economy is headed for a boom that could run well into 2023.

In his annual letter to shareholders Wednesday, Dimon said robust consumer savings, a successful vaccine rollout and the Biden administration's proposed $2 trillion infrastructure plan could lead to an economic "Goldilocks scenario" of fast and sustained growth, tame inflation and a measured rise in interest rates.

"I have little doubt that with excess savings, new stimulus saving...