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Express News | Economists have lowered their economic forecasts for the USA for this year and next, estimating a 45% chance of recession within a year.
The USA's consumer confidence continued to deteriorate in April: tariffs may trigger an economic recession, and inflation expectations have surged significantly.
① The USA Consumer Confidence Index has fallen to one of its lowest levels on record, declining for the fourth consecutive month, marking the fourth lowest data since the end of the 1970s; ② Consumers expect their income growth to slow down over the next year. Economists warn that businesses will pass on tariffs and CSI Commodity Equity Index costs to consumers, who will face more financial pain.
USA consumer confidence is approaching historical lows, while long-term inflation expectations are rising rapidly.
USA consumer confidence significantly declined in April, with long-term inflation expectations soaring to the highest level since 1991.
The highest tariff rate in a century is backfiring! Economists pessimistically predict that the probability of a recession in the USA is nearly fifty percent.
The growth outlook has been significantly deemed Bearish, while inflation expectations are rising, leaving the Federal Reserve in a dilemma...
Express News | The one-year inflation expectations in the USA have soared to their highest level since 1981.
As the Global economy enters a new round of tariff battles, the probability of a recession in the USA is equivalent to "flipping a coin".
Economists expect that the new round of Global trade war makes the USA's economic recession almost a "coin toss" game — the probability of recession rises to 45%.