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Top Economist Warns of Imminent US Economic Slowdown and Greater Risks

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Source: Business Insider
Top Economist Warns of Imminent US Economic Slowdown and Greater Risks
Photo: Business Insider
TL;DR Summary

Torsten Sløk, Apollo's chief economist, warns of ongoing risks of stagflation in the US, driven by tariffs and slowing growth, with predictions of GDP halving from its peak, inflation remaining above 3%, rising unemployment, and a 25% chance of recession as soon as summer 2025.

Topics:business#economy#inflation#recession#stagflation#tariffs#us-economy
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  1. The US is staring down a fate worse than recession, and 4 other bold forecasts from a top economist  Business Insider
  2. Expert highlights several risks facing the US economy  MSN
  3. Apollo warns that an economic slowdown is coming but not a full-blown recession  Seeking Alpha

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