Federal Reserve's Barkin: The USA economy remains stable, but investment and consumer confidence have encountered issues.

① Richmond Fed President Tom Barkin pointed out that while the USA economy is in good shape, there are concerns about the outlook for business investment and consumer spending; ② The uncertainty of the trade war has led companies to adopt defensive strategies, and consumer confidence has weakened due to inflation and unemployment issues; ③ Barkin also emphasized that the rise in inflation expectation indicators is alarming, and it is necessary to control inflation to avoid expectations getting out of control and to prevent economic stagnation.

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Pimco warns that the probability of a recession in the USA is approaching 50%: the supply chain struggles to withstand the impact of tariffs.

Pimco, the Pacific Investment Management Company, believes that even though there are some signs of stabilization in the US stock market, the possibility of a recession in the USA remains close to 50%.

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