US EditionWhat to Expect Should US Economy Actually Fall Into a Recession
- J.P. Morgan has put the risk of a U.S. Recession at 60% due to new tariffs imposed by President Donald Trump, which may lead to a contraction in the GDP.
- Federal Reserve Chair Jerome Powell expressed concern that the tariffs could hinder efforts to control inflation and increase economic damage.
- Economists warn that rising tariffs could disrupt global supply chains and weaken consumer spending, impacting both the U.S. And global economies.
23 Articles
23 Articles
Carney warns of 'tough days ahead' as tariffs make U.S. recession 'likely'
Donald Trump's latest round of tariffs is only a few days old but the havoc it's exerting on the global economy points to upcoming "pressure" on Canada's employment levels, Liberal Leader Mark Carney warned.
JPMorgan says Trump's tariffs to send US into recession
JPMorgan Chase & Co. said it expects the US economy to fall into a recession this year after accounting for the likely impact of tariffs announced this week by the Trump administration. “We now expect real GDP to contract under the weight of the tariffs, and for the full year (4Q/4Q) we now look for real GDP growth of -0.3%, down from 1.3% previously,” the bank’s chief US economist, Michael Feroli, said Friday in a note to clients, referring to …
JP Morgan predicts 60% chance of recession if trade war continues
Economic fallout is growing after stocks plummeted on Thursday in response to President Donald Trump’s sweeping new reciprocal tariff plan. JP Morgan is now predicting a 60% chance of a global recession if the tariffs continue. NBC’s Christine Romans reports for TODAY.
JP Morgan Predicts US Recession By Year End Amid Donald Trump's Tariffs
JP Morgan has predicted that the United States economy will likely fall into a recession this year, largely due to the impact of new tariffs announced by President Donald Trump. In a note to investors released on Friday evening, the firm's chief US economist, Michael Feroli, said that the country's gross domestic product (GDP) is expected to contract "under the weight of the tariffs." According to a report by news website The Hill, Feroli added …
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- 42% of the sources lean Left, 42% of the sources lean Right
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