JPMorgan: After the tariff increase, the U.S. economy seems unlikely to go into recession.

Jin10 data reported on April 3 that Andrzej Skiba, head of BlueBay U.S. Fixed Income at Royal Bank of Canada Global Asset Management, stated that despite tariffs having a negative impact on economic growth, a recession in the U.S. has not yet occurred. The asset management company expects the U.S. economic growth rate to slow to 1.5%, but does not anticipate a recession or two consecutive quarters of GDP decline. Skiba stated, ‘This time, The Federal Reserve (FED) has not aggressively raised interest rates in the context of an economic slowdown; the worst-case scenario is that the FED will maintain higher interest rates for a longer period, rather than raising rates.’