Economists at Wall Street investment bank J.P. Morgan raised the risk of a US recession this year to 40% from 30% in early 2025. “Due to America's extreme policies, we think there is a high risk that the US will fall into recession this year,” the analyst wrote. Earlier, it was reported that Morgan Stanley economists lowered the US economic growth forecast and raised the inflation forecast last week. The bank predicts that the US GDP growth rate will be only 1.5% in 2025 and will fall to 1.2% in 2026. Goldman Sachs economists also raised the probability of a 12-month recession from 15% to 20%.

Zhitongcaijing · 03/11 06:41
Economists at Wall Street investment bank J.P. Morgan raised the risk of a US recession this year to 40% from 30% in early 2025. “Due to America's extreme policies, we think there is a high risk that the US will fall into recession this year,” the analyst wrote. Earlier, it was reported that Morgan Stanley economists lowered the US economic growth forecast and raised the inflation forecast last week. The bank predicts that the US GDP growth rate will be only 1.5% in 2025 and will fall to 1.2% in 2026. Goldman Sachs economists also raised the probability of a 12-month recession from 15% to 20%.