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Matthew Boesler

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001122334455554433221100

us economy faces recession as tariffs impact growth and employment

JPMorgan Chase & Co. forecasts a US recession this year, projecting a real GDP contraction of -0.3% due to recent tariffs imposed by the Trump administration. The anticipated economic downturn is expected to increase the unemployment rate to 5.3%, while the Federal Reserve may begin cutting interest rates despite rising inflation.
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United States Dollar Citizens, Inc. JPMorgan Chase & Co. Barclays PLC USA Jerome Powell Donald Trump Michael Feroli Matthew Boesler Show more
Finance & Economy, Market Report
03:03 05.04.2025
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