The head of one of the world’s largest investment banks JPMorgan Chase, Dimon, made a prediction that the US economy will face three years of growth, which will last until 2023.

The reason for the growth, according to Dimon, may be support measures from the government and the Fed, as well as the successful vaccination of the population against coronavirus. Pent-up demand will dominate the population in the coming months, inasmuch as spending opportunities have sharply decreased during lockdowns last and this year.

“This boom could easily last until 2023 because all spending [through support programs] could last until 2023,” Daimon said.