This top U.S. economist puts the chance of a ‘stagflationary’ recession at 65%

A leading economist contends a recession is now more likely than not due to the Trump administration’s trade wars, and that the U.S. could suffer the biggest “stagflationary” shock in decades.

Apr 17, 2025 - 21:13
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This top U.S. economist puts the chance of a ‘stagflationary’ recession at 65%
A leading economist contends a recession is now more likely than not due to the Trump administration’s trade wars, and that the U.S. could suffer the biggest “stagflationary” shock in decades.