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TechFlow news, according to Jinshi Data, on May 14 local time, Steven Cohen, founder of U.S. hedge fund firm Point72, said he believes the U.S. economy is very likely to slow due to tariff threats. Speaking at an investment conference in New York, Cohen stated, "We think the Federal Reserve will not take immediate action because it remains concerned about inflation caused by tariffs." Cohen expects U.S. GDP growth of 1.5% next year.
According to Jinshi Data, on May 14 local time, Steven Cohen, founder of U.S. hedge fund firm Point72, said he believes the U.S. economy is very likely to slow due to tariff threats. Speaking at an investment conference in New York, Cohen said: "We think the Federal Reserve will not act immediately because it remains concerned about inflationary pressures from tariffs." Cohen expects U.S. GDP growth of 1.5% next year.
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