JP Morgan Projected Recession in the Third Quarter and Questioned the Government's Expected Spike in Consumption in 2027
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10 Articles
The bank cut its growth forecast for this year to 1.5 per cent and estimated that private consumption will increase by just 0.4 per cent in 2027, compared with 3.4 per cent in the draft budget.
After the June Fall, JP Morgan Adjusted Its Forecast and Estimated a Recession for the Third Quarter
In a Friday report he noted that the GDP would continue to fall and report by the end of the year, and there are those who already see a 2% growth down by 2026.
The sharp decline in economic activity in July led JP Morgan to revise downwards its projections for Argentina. The US bank reduced its growth estimate by 2026 and now expects the economy to go through a recession during the third quarter, after the contraction recorded between April and June. Wall Street’s bank reduced its growth estimate for 2026 from 2.7% to 1.5% after the collapse of activity in July, which greatly exceeded its forecasts. Th…
The Argentine economy faces a complex scenario after registering a fall of 2.9% in July 2026, the most profound monthly contraction since the impact of the pandemic in April 2020. This figure, superior to the most pessimistic projections of the market, ignited alerts among international and local analysts, who should have recalibrated the...
The Wall Street bank cut its growth forecast for 2026 from 2.7% to 1.5% and forecast an annualized fall of 4% during the third quarter.
The US bank reduced its projections to the next few months and warned that there will be a contraction. It also marked that the July fall was greater than expected The entry Reality coup for the Milei government: JP Morgan worsened its expectations for Argentina and foresees a recession was first published in El Ciudadano.
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