Institution: US economic slowdown is more likely than recession

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MarsBit
04-03
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According to Mars Finance News, on April 3rd, Bill Adams from Comerica stated that tariffs will become a headwind for US economic growth, but the likelihood of economic slowdown is greater than contraction. The impact of tariffs will be partially offset by the tax reduction policies currently being discussed in Congress. He believes that the overall fiscal policy's support for economic growth by 2026 will "exceed the expectations of financial markets." This largely depends on whether tariffs are viewed as permanent or can be canceled through negotiations with US trading partners. The real economic risk is that other countries might begin to imitate the United States in raising tariffs.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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