A tariff-driven recession is the "likely outcome" for the U.S. economy, says Jamie Dimon, the head of the country's largest bank.

(Reuters) -JPMorgan Chase & Co CEO Jamie Dimon has sold about $31.5 million worth of the bank's shares, according to a regulatory filing. Dimon had also offloaded some shares last year in his first such sale since taking over the top role in 2005.

Liquidity in the Treasury market was put to a test earlier this week ahead of President Trump’s partial pause on new tariffs.