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Dimon: US Consumers Stable Despite $4 Gas

JPMorgan CEO Jamie Dimon said US consumers have not fallen off a cliff despite gasoline prices at $4 per gallon. The assessment matters because JPMorgan's transaction-level data gives the bank a direct read on household spending, making Dimon's view a leading signal for consumer health debates.

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retail-outlook

US consumers haven't fallen off a cliff with $4 gas: JPMorgan CEO Jamie Dimon

JPMorgan CEO Jamie Dimon said US consumers have not fallen off a cliff despite gasoline prices at $4 per gallon. The assessment matters because JPMorgan's transaction-level data gives the bank a direct read on household spending, making Dimon's view a leading signal for consumer health debates.

2mo ago · 1 min · Economy

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