TechFlow news, March 11 — According to Jinshi News, Wall Street investment bank JPMorgan economists have raised their forecast for the likelihood of a U.S. economic recession this year from 30% at the beginning of 2025 to 40%. Analysts wrote: "Due to extreme policies in the United States, we believe the risk of the U.S. falling into a recession this year is substantial."
Previously, it was reported that Morgan Stanley economists lowered their U.S. economic growth outlook last week while raising inflation expectations. The bank forecasts U.S. GDP growth of only 1.5% in 2025, declining to 1.2% in 2026. Goldman Sachs economists have also increased the 12-month recession probability estimate from 15% to 20%.
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