Jamie Dimon rips central banks for being '100% dead wrong' on economic forecasts

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Jamie Dimon rips central banks for being '100% dead wrong' on economic forecasts
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'Prepare for possibilities and probabilities, not calling one course of action, since I've never seen anyone call it,' Dimon said in Saudi Arabia.

JPMorgan Chase CEO Jamie Dimon on Tuesday warned about the dangers of locking in an outlook about the economy.

In the latest of multiple warnings about what lies ahead from the head of the largest U.S. bank by assets, he cautioned that a myriad factors playing out now make things even more difficult. "I want to point out the central banks 18 months ago were 100% dead wrong," he added. "I would be quite cautious about what might happen next year."

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