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With the tariffs anticipated to cause inflation, slow economic growth, and disrupt many companies' supply chains, JPMorgan raised its recession probability to 60%. When it rains, it pours.
JPMorgan Private Bank says the US is "more likely than not" to slip into recession by year-end. In its 2023 midyear outlook, the wealth management firm said there are five ways investors can ...
JPMorgan has raised its likelihood of the US economy entering a recession before the end of the year to 60% as President Donald Trump’s tariff plans upend markets worldwide.. The nation’s ...
JPMorgan became the latest major financial institution to predict a recession in the U.S. in 2023—albeit a “mild” one—joining banking giants like Bank of America making similar projections ...
JPMorgan trimmed its forecast for the probability of the U.S. economy entering a recession this year after President Donald Trump reached a deal to temporarily lower the tariffs he imposed on ...
JPMorgan analysts told clients that Trump's tariff plan will have drastic economic effects. The risk of the global economy falling into a recession has increased from 40% to 60%, they warned.
JPMorgan scrapped its recession forecast for the first half of 2024 and now sees 55% odds of a soft landing. The bank sees a 30% chance that global expansion persists without major policy easing.
A global recession is more likely to happen than not this year, thanks to Wednesday's tariff broadside from the U.S. That's the opinion of JPMorgan analysts who raised their forecast to 60% Thursday.
JPMorgan CEO Jamie Dimon Puts the Odds of a Recession at a Coin Flip, but He Says This Economic Cycle Is Different for 1 Reason By Bram Berkowitz – Apr 11, 2025 at 12:38PM Key Points ...
JPMorgan warned of an increased recession risk due to President Donald Trump's tariff policies, while Peter Schiff thinks the U.S. has been in recession for a while.
JPMorgan Chase & Co , the biggest lender in the United States, said on Friday it set aside $1.4 billion in anticipation of a mild recession, even as it beat forecasts for quarterly profit on the ...