DEVELOPING: JP Morgan's Dimon Issues Dire Warning on US Stock Market Collapse

BREAKING NEWS JP Morgan's Jamie Dimon Issues Dire Warning on US Stock Market Collapse Jamie Dimon, CEO of JP Morgan, has warned that there is a higher risk of a serious fall in the US stock market than currently reflected. Speaking to the BBC, Dimon said he was "far more worried" about a correction coming within the next six months to two years. Dimon's comments come as a stark warning to investors and policymakers alike. The bank boss emphasized that the US has become a less reliable partner on the world stage, citing concerns over inflation and the independence of the Federal Reserve. The investment announcement in Bournemouth, where Dimon was speaking, is being overshadowed by his dire market forecast. Chancellor Rachel Reeves described JP Morgan as one of Dorset's biggest private sector employers, but Dimon's words are sending shockwaves through financial markets. This warning from a top banker comes at a time when investors are already on edge due to rising inflation and trade tensions. The Federal Reserve has been under pressure from the Trump administration to ease monetary policy, but Dimon believes it will remain independent. This is a developing story We will continue to bring you updates as more information becomes available. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Bbc.*