HomeGeneral NewsJPMorgan predicts recession due to Trump’s tariffs

JPMorgan predicts recession due to Trump’s tariffs

April 5, 2025

5

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JPMorgan forecasts US recession due to Trump’s tariffs; GDP growth revised down, unemployment expected to rise.

In Short

JPMorgan Chase & Co. predicts a US recession in 2025 due to Trump-era tariffs, with GDP growth potentially falling to -0.3% and unemployment rising to 5.3%.

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