JPMorgan Chase Says US May Have Dodged Recession, Warns Sluggish Growth Incoming

Description

The chief global strategist at JPMorgan Chase says the US may avoid a recession, but the bank’s economic outlook is not yet optimistic. In a new interview on CNBC Television, David Kelly says that tariffs and other economic factors may cause the country’s economy to slow down in the months ahead. However, he says that the economy may be strong enough to weather the slow growth impacts without falling into an outright recession. “No, we’re not [seeing impacts now]. At the moment, I’d have to say ...