JPMorgan Chase raises the probability of a US economic recession to 40%

Economists at Wall Street investment bank JPMorgan Chase have raised the risk of a US 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 there is a high risk of recession in the country this year." Previously, it was reported that economists at Morgan Stanley last week lowered their expectations for US economic growth and raised inflation expectations. The bank predicts that by 2025, US GDP growth will be only 1.5%, dropping to 1.2% in 2026. Goldman Sachs economists also increased the probability of an economic recession over the next twelve months from 15% to 20%.