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Fortune
Fortune
Chloe Taylor

Too early to say economic green shoots have appeared, JPMorgan executive says

A Chase sign is viewed at the company's New York headquarters on May 11, 2012 in New York City. (Credit: Spencer Platt/Getty Images)

It’s too early for optimism when it comes to the economy, according to the U.K. head of JPMorgan’s digital bank Chase.

Amid persistently high inflation and signs of a slowing global economy over the last year, many market watchers have speculated that a recession in the U.S. and beyond is on its way in 2023.

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