August 3, 2025

Economy

Shawn Donnan, Bloomberg News- The damage to the global economy from American protectionism is coming increasingly evident, even if financial markets seem to have decided they can live with it… Wall Street economists have nudged their forecasts for the US a little higher in recent months, and dialed back recession warnings that peaked amid the market turmoil in April. But the consensus is still for a slowdown rather than a takeoff.

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