The chances that the U.S. will experience a recession in 2025 have increased because of the tariffs it has implemented, Alec Kersman, managing director and head of Asia-Pacific at Pimco, said at CNBC… [+1983 chars]
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco - CNBC
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.
By:Yeo Boon Ping
Source:CNBC
Published:
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