Former Trump official Gary Cohn flags ‘warnings below the surface’ for the economy: ‘Consumers are not out there willfully spending money’

fortune.com/2025/07/31/gary-cohn-warnings-under-surface-economy-tariffs-inflation-consumer-spending

IBM Vice Chairman Gary Cohn, the former Director of the National Economic Council under President Trump, sounded a cautious note on the state of the U.S. economy in his July 30 interview with CNBC’s Money Movers, warning that despite upbeat surface indicators, troubling signs are brewing…

This story appeared on fortune.com, 2025-07-31 17:02:40.
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