JPMorgan Raises Risk of a Recession to 60%, As Tariffs are Set to Take a Toll

After $10.4 trillion wipeout, US expected to fall into recession ‘under weight of tariffs’

While the White House says Trump’s plan is working, some Republicans have joined Democrats to introduce a bill to terminate new tariffs unless the US Congress approves them.

JP Morgan predicts 2025 recession as Trump tariffs rattle market

(The Hill) — J.P. Morgan is forecasting that the U.S. economy will enter a recession this year as fallout from President Trump's tariffs has taken hold. In a Friday evening note to investors, the company's chief U.S. economist Michael Feroli said the firm predicts that gross domestic product (GDP) will likely contract "under the weight of the tariffs." Feroli added that the recession is also forecasted to "push the unemployment rate up to 5.3 [p…

Trump’s tariffs to send U.S. into recession: JPMorgan

JPMorgan Chase & Co. said it expects the US economy to fall into a recession this year after accounting for the likely impact of tariffs announced this week by the Trump administration.

JPMorgan exec says inflation and recession likely from tariffs

CNN’s Jake Tapper talks with JPMorgan Head of Economic Research Bruce Kasman about why the bank is raising its odds of recession to 60% amid the Trump tariff fallout.

JPMorgan now sees U.S. recession this year after Trump's tariffs (SP500)

JPMorgan on Friday updated its U.S. economic outlook and now sees the country slipping into a recession in 2025. Read more here.

The largest bank in the U.S., JPMorgan Chase, raised the chances of a global recession to 60% for Donald Trump's tariffs.