JPMorgan lowers its recession odds as Trump strikes a temporary deal to drop tariffs on China

fortune.com/2025/05/13/jpmorgan-lowers-recession-odds-as-trump-strikes-temporary-china-tariff-deal

JPMorgan is walking back its prediction it was 60% likely a recession would hit the U.S. in 2025. The bank wrote in a Tuesday note President Donald Trump’s temporary agreement scaling back tariffs on China while the two trading partners negotiate a trade deal could reduce the risk of a…

This story appeared on fortune.com, 2025-05-13 15:42:40.
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