US Economic Outlook: Prosperity or Recession?

Is the US really heading into a recession? Many people are worried about this question. President Trump promised a new era of prosperity during his campaign last year. Now, two months into his term, he warns that it may take some time to bring back wealth. He mentioned that prices might not drop quickly and that a “little disturbance” could happen before things improve.

Recent data shows that inflation is slowing down. However, many experts believe the risk of a recession is growing. A report from JP Morgan now estimates a 40% chance of a recession, up from 30% earlier this year. Mark Zandi, chief economist at Moody’s Analytics, raised his estimate from 15% to 35%, blaming tariffs for the change.

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