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.
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.