JPMorgan Warns Recession Unavoidable Even If Tariffs Halted Immediately
New York, April 7, 2025 — JPMorgan Chase & Co. has issued a grim warning that a U.S. recession is now “virtually unavoidable,” even if the recently escalated trade tariffs are lifted immediately. The financial giant’s latest economic outlook cites deep-rooted structural pressures, declining consumer confidence, and prolonged damage from supply chain disruptions as key…