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JPMorgan Chase’s chief global strategist suggests the US may dodge a recession, but warns of sluggish economic growth ahead. Tariffs and fiscal policies could weigh on consumer spending and inflation.
- JPMorgan strategist David Kelly suggests fiscal stimulus and tariff adjustments may help the US avoid a recession.
- Consumer spending could contract due to tariffs, student loan repayments, and government cutbacks.
- Despite resilience, slow growth and inflation risks from tariffs may persist in the near term.
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