National Telescope national telescope newspaper
By Ekpenyong Emmanuel
President Donald Trump’s recent comments on the possibility of a recession in 2025 have left economists and markets on edge.
In an interview with Fox News, Trump declined to rule out a recession, citing a “period of transition” as the US brings wealth back to America.
However, Trump’s Commerce Secretary, Howard Lutnick, was more optimistic, stating “absolutely not” when asked about the possibility of a recession.
The conflicting views have added to the uncertainty surrounding the US economy, which has been impacted by Trump’s tariff threats against several countries.
The Atlanta Federal Reserve’s GDP growth forecast for the first quarter has been revised downward to 2.4%, sparking concerns about a potential recession.
Economists at Goldman Sachs have raised their odds of a recession over the next 12 months from 15% to 20%, while Morgan Stanley has predicted “softer growth” in 2025.
The administration has insisted that the economy will pass through a “transition” period, but will ultimately emerge stronger.
However, the uncertainty surrounding Trump’s tariff policies and the conflicting views from his administration have left many wondering what the future holds for the US economy.
