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UBS analysts suggest the U.S. economy may be entering a phase of "slowflation," characterized by lower growth and elevated inflation, as President Trump's tariff plans could lead to short-term price increases. They predict growth will slow to 2.0% this year from 2.3% in 2024, but do not foresee a significant economic downturn. Despite mixed recession indicators, the overall economic outlook remains strong, according to Federal Reserve Chair Jerome Powell.
Julien Conzano
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us economy faces slowflation amid rising inflation and moderated growth forecasts
11:44 25.03.2025
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