JPMorgan Predicts US Recession as Trump Doubles Down on Tariffs Despite Economic Fallout

JPMorgan has become the first major Wall Street institution to formally project that the United States will fall into a recession in the latter half of 2025, citing the economic damage from sweeping tariffs imposed by President Donald Trump. The bank’s chief US economist, Michael Feroli, warned in a note to clients that the cumulative [...]The post JPMorgan Predicts US Recession as Trump Doubles Down on Tariffs Despite Economic Fallout appeared first on Tekedia.

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