At the 2025 Davos forum, JPMorgan’s top executives struck an optimistic tone about the US economic outlook, while maintaining a careful eye on inflation risks. President Daniel Pinto expressed confidence in the current economic cycle’s sustainability, though he emphasized that inflation remains a potential concern. This positive outlook was reinforced by Filippo Gori, head of JPMorgan’s banking division, who pointed to renewed market enthusiasm driven by what he described as a more favorable regulatory environment under the new administration. Their observations came amid broader discussions at Davos spanning topics from interest rates to geopolitical challenges, with participation from global leaders including UK Chancellor Rachel Reeves and Spain’s Premier Pedro Sanchez.