JPMorgan raises recession risk due to Trump's tariffs, seen as a substantial macroeconomic shock with expected retaliatory measures and supply chain disruptions.
Trump urges Fed chair Powell to cut interest rates amid market turmoil, citing positive economic indicators, while Powell emphasizes need for more data before policy decisions.
JPMorgan raises recession risk due to Trump's tariffs, seen as a substantial macroeconomic shock with expected retaliatory measures and supply chain disruptions.
Trump urges Fed chair Powell to cut interest rates amid market turmoil, citing positive economic indicators, while Powell emphasizes need for more data before policy decisions.