JPMorgan Predicts US Recession in 2025 Amid Trump’s Tariff Shock
05 Apr 2025
JPMorgan Chase & Co. has predicted that the US economy will fall into recession this year, mainly prompted by the effect of newly announced tariffs by President Donald Trump, The Hill reports. In a letter to investors published on Friday night, JPMorgan's chief US economist Michael Feroli cautioned that the...
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