Reported about 13 hours ago
While forecasts suggest the U.S. economy may avoid a recession in the second half of 2025, risks remain due to unresolved tariffs and potential geopolitical conflicts. Experts note a reduction in anxiety around a downturn since April, when concerns peaked after President Trump's tariff announcements. Current predictions place recession odds at 35%, with a slowing labor market and rising unemployment expected. However, major forecasters do not anticipate an outright recession, citing ongoing uncertainties that could affect economic stability.
Source: YAHOO