Global economists have warned about the rate for reception, America's steps toward recession

Global brokers and economists have warned in the future against the recession in the US, taking into account the impact of receiving the reciverchl declared by Donald Trump administration. According to JP Morgan Chase & Company, “we expect the actual GDP estimate to be reduced under the weight of the tariff and now expect the actual GDP growth -0.3 percent for the whole year, which used to be 1.3 percent.” The head of the US economist, Michael Feroli, told clients in a note that an estimated decrease in economic activity could reduce rent and that the unemployment rate would rise by 5.3 percent over time. Contraction means a bicycle phase that rejects the total economy. Feroli hopes that the US Federal Reserve will begin the benchmark in June and will continue to lower rates in each next meeting by January next year. Feroli wrote: “If it comes true, our prediction will create a dilemma for Fed policy makers.” City economists have reduced their forecast for growth rate to just 0.1 percent of this year, while UBS economists lowered the forecast to just 0.4 percent. In a note, the US stake of UBS chief American economist Jonathan Pingal said: “US imports from other countries of the world will fall more than 20 percent in our forecast time, especially the next few quarters, which will return before 1986 as part of GDP.” He estimated that “the accuracy of trade policy action would mean the macro -economic adjustment for the 30 trillion $ 30 -Dollar economy”. Fed chairman Jerome Powell said on Friday that we did not need any adjustment at rates too soon. His remark comes after the release of the latest monthly employment report from the Labor Statistics Bureau, which showed a slight increase in the unemployment rate, along with strong recruitment in March. Meanwhile, Trump’s rate for receiving heavy sale on Wall Street promoted, with Dow Jones dropping more than 2,000 points. S&P 500 has entered the worst two -day selling and the Nasdaq beer market since March 2020. Share this story -tags