JPMorgan expects the U.S. economy to slip into recession in the second half of 2025, as the effects of Trump’s tariff policy begin to weigh on growth.
Michael Feroli, the bank’s chief U.S. economist, anticipates a mild two-quarter contraction beginning in the third quarter. JPMorgan projects GDP will
“The impact of the renewed tariffs is likely to build over time, tightening financial conditions and dampening business investment,” Feroli said in the bank’s latest outlook.
The forecast comes amid rising concern that protectionist trade measures could disrupt supply chains, raise input costs, and weigh on consumer sentiment — all of which could reverse the momentum that has underpinned U.S. economic resilience in recent quarters.
JPMorgan’s view places it among the more bearish on Wall Street, with other major banks still split on whether the U.S. will manage a soft landing or face a downturn.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about icymi jpmorgan forecasts us recession in late 2025 as trump tariffs bite was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( ICYMI - JPMorgan forecasts US recession in late 2025 as Trump tariffs bite )
Also on site :
- Natural gas line rupture stops traffic on 5 Freeway in Castaic
- 30–35 terrorists on radar: Army steps up counterterror ops in J&K; intense vigil amid 'Chillai Kalan'
- No. 20 Virginia notches first 11-win season by beating 25th-ranked Missouri in the Gator Bowl