Tariffs have raised the probability of a U.S. recession to around 35%: Pimco

Mar 12, 2025 - 06:00
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.