JPMorgan drops US recession call, ups China outlook
- Posted on May 13, 2025
- By Business News Today
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JPMorgan drops US recession call, ups China outlook
"The administration's recent dialing down of some of the more draconian tariffs placed on China should reduce the risk that the US economy slips into recession this year," JPMorgan Chief US Economist Michael Feroli said on Tuesday. "We believe recession risks are still elevated, but now below 50%."
