Anticipate downshifting US growth and higher inflation this year: Market strategist
05:22 Min
Gary Schlossberg, Market Strategist at Wells Fargo Investment Institute, warns of a cooling US economy paired with rising inflation through 2025 as trade tensions and elevated tariffs weigh on growth. However, he notes expectations of Fed rate cuts and potential policy support could pave the way for a modest recovery later in the year.
16 Apr 2025 02:04pm
Gary Schlossberg, Market Strategist at Wells Fargo Investment Institute, warns of a cooling US economy paired with rising inflation through 2025 as trade tensions and elevated tariffs weigh on growth. However, he notes expectations of Fed rate cuts and potential policy support could pave the way for a modest recovery later in the year.
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