Trump's tariffs to trigger US recession: JP Morgan
Edited By WION Video Desk
Published: Apr 06, 2025, 06:05 IST | Updated: Apr 06, 2025, 06:05 IST
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JPMorgan Chase has revised its economic forecast, predicting that the U.S. economy will fall into a recession in 2025. The bank now expects a contraction in real GDP of -0.3%, a sharp downgrade from its previous forecast of 1.3% growth.
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