According to Odaily, economists at Wall Street investment bank JPMorgan have increased the risk of a U.S. recession this year from 30% at the beginning of 2025 to 40%. Analysts noted that the extreme policies in the United States contribute significantly to the heightened risk of recession. Previously, Morgan Stanley economists had lowered their U.S. economic growth forecast and raised inflation expectations last week. The bank predicts that the U.S. GDP growth rate will be 1.5% in 2025, dropping to 1.2% in 2026. Additionally, Goldman Sachs economists have raised the 12-month recession probability from 15% to 20%. Read More (Note: This news is imported from Binance news)
JPMorgan Raises U.S. Recession Risk To 40% Amid Extreme Policies (imported from Binance News)
According to Odaily, economists at Wall Street investment bank JPMorgan have increased the risk of a U.S. recession this year from 30% at the beginning of 2025 to 40%. Analysts noted that the extreme policies in the United States contribute significantly to the heightened risk of recession. Previously, Morgan Stanley economists had lowered their U.S. economic growth forecast and raised inflation expectations last week. The bank predicts that the U.S. GDP growth rate will be 1.5% in 2025, dropping to 1.2% in 2026. Additionally, Goldman Sachs economists have raised the 12-month recession probability from 15% to 20%.
