JPMorgan’s Economic Outlook: US Economy Projected to Slow Down

JPMorgan Chase, a major financial institution, recently released its updated economic outlook for April 2025. The report paints a picture of a slowing US economy significantly impacted by President Trump’s recent tariff measures on imports. The forecast reveals a sharp decline in real GDP growth for the next year: down from +1.3% to -0.3%. This significant downward revision indicates a serious contraction in the US economic landscape.