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Fed Governor warns Trump's tariffs could trigger a recession, as economists lower growth forecasts.
Federal Reserve Governor Christopher Waller warns that Trump's tariff policies pose a significant risk to the U.S. economy, potentially leading to a recession.
Waller argues that tariffs are a major shock to the economy, slowing growth and reducing spending.
Former Treasury Secretary Larry Summers also warns of a possible recession, predicting a potential 2% rise in unemployment and a $1 trillion drop in GDP.
Despite these concerns, markets show slight improvement as tariff tensions ease temporarily.
Economists are lowering their growth forecasts and raising inflation expectations due to ongoing trade tensions.
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El gobernador de la Fed advierte que los aranceles de Trump podrían desencadenar una recesión, mientras los economistas bajan las previsiones de crecimiento.