Wolfe Research Lowers 2025 U.S. Growth Forecast Am…
From Financial Modeling Prep: 2025-03-12 06:20:13
J.P. Morgan’s Chief Global Economist, Bruce Kasman, has raised the U.S. recession probability to 40% due to escalating trade tensions and a worsening economic outlook. The risk is tied to Trump’s proposed tariffs. This outlook highlights the growing concerns about the state of the U.S. economy.
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