📰 JPMORGAN CUTS 2025 U.S. GROWTH OUTLOOK JPMorgan now expects 1.6% GDP growth in 2025, down from 1.9%. Economist Michael Feroli cites three key risks: 🔸 Policy uncertainty 🔸 New U.S. tariffs raising prices, slowing spending 🔸 Foreign retaliatory tariffs hurting exports With no clarity in sight, Feroli warns, “We could end up waiting a very long time.”