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JPMORGAN SLASHES FORECAST FOR U.S. AND GLOBAL GDP

Published On 14 Mar 2020 05:35 AM


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Highlights

  • It expects to observe a negative growth in two consecutive quarters
  • It states that the U.S. will eventually avoid a technical recession

JPMorgan economists stated that in the face of the fast-spreading coronavirus, an economic slowdown is inevitable. However, the U.S. will eventually avoid a technical recession. It slashed its forecast for the U.S. and global GDP furthe....


Tags : JP Morgan, US GDP, Global GDP, Recession, coronavirus, economic indicators ,
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