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Recession is a 'likely' outcome of tariffs chaos, says JPMorgan CEO

Sky News Wednesday, 9 April 2025
Recession is a 'likely' outcome of tariffs chaos, says JPMorgan CEOThe CEO of JPMorgan Chase has said Donald Trump's sweeping tariffs are "likely" to spark a recession.
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News video: Global market crash: Goldman Sachs increases recession odds to 45% after market meltdown

Global market crash: Goldman Sachs increases recession odds to 45% after market meltdown 03:04

Goldman Sachs has raised the odds of a major US and global recession, warning that President Trump’s new tariffs could trigger a sharp economic downturn. Amid rising market panic and tightening financial conditions, Goldman forecasts a 45% chance of recession and slashes the US growth forecast for...

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