Jamie Dimon

The April 2025 US tariffs will raise US inflation over the following year.

Accurate ●●●●●
“The recent tariffs will likely increase inflation and are causing many to consider a greater probability of a recession,”
Said on
7 April 2025 · 2024 annual letter to JPMorgan shareholders; he framed it as a short-run effect, read as about 12 months
Source
Jamie Dimon urges quick resolution to tariff turbulence · InvestmentNews
Should come true
2026
How sure they sounded
will likely
Categories
Economy
Importance
3 of 5 · Tariff-driven inflation affects US consumers and Fed policy.

Outcome

Accurate Happened 30 September 2025.

US CPI inflation rose from about 2.3% in April 2025 to about 3% by September 2025, with goods prices in tariff-hit categories leading the increase. The size of the tariff effect is debated, but inflation did go up as he expected.

Evidence:

History
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