🔥🎁 JPMorgan Raises Global Recession Odds Amid Tariff Escalations 🔥🎁

3️⃣ Increased Likelihood of Global Recession Due to Trade Tensions

JPMorgan's Chief Economist, Bruce Kasman, has raised the probability of a global recession to 60%, citing the adverse effects of recent U.S. tariff hikes and subsequent retaliations. The escalation in trade tensions is expected to impact business sentiment and disrupt supply chains, amplifying economic uncertainties worldwide. ​The Economic Times+1Latest news & breaking headlines+1

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