President Donald Trump met at the White House last week with a powerful business leader he’s repeatedly clashed with in the past: JPMorgan Chase CEO Jamie Dimon.

After months of speaking to each other through TV hits and social media posts, Jamie Dimon and Donald Trump are catching up in person.

America’s most powerful banker and the president have met twice in the past two months to talk about the economy, interest rates and trade

"We still believe the most likely outcome is slow growth and firm inflation: Not a recession, but a backdrop where the adverse effects of trade and immigration controls on growth outweigh the boost from deregulation and fiscal largesse," Morgan Stanley strategist Michael Zezas wrote.

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy.