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JPMorgan Cuts 2025 US Growth Forecast to 1.6% from 1.9% J.P. Morgan has cut its 2025 US economic growth forecast to 1.6% from 1.9%. The reasons for the reduction include: š¹ Uncertainty over economic policies š¹ New US tariffs to push up prices š¹ Slowing consumer spending š¹ Retaliatory tariffs to hurt US exports š Analysis: The cut in the economic growth forecast reflects concerns about the impact of trade policies and a decline in consumer demand on the US economy. Tariff increases and retaliatory measures could further weigh on economic growth.
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