By Admin 
Moody’s report on us economy: US President Donald Trump has been taking such decisions continuously after returning to power for the second time, which has seen a big stir in the global economy. These bets of Trump, who gave the slogan of ‘American First’, are now showing the opposite effect. His policy of imposing tariffs on countries around the world has put America in the grip of recession. This claim has not been made by anyone else but by the international rating agency Moody’s.
America stands at the mouth of recession
President Trump often assures Americans that the American economy under his leadership is the strongest ever. But Moody’s chief economist Mark Jandi has raised the reality by questioning his claim. While the Trump administration continued to describe GDP growth, increase in foreign investment and control over inflation, Mark Jandy says that the reality is the opposite. According to him, America stands on ‘red mark’ on every front from jobs to consumer price.
Trump administration’s ‘hollow’ claims
Newsweek In an interview to the Chief Economist of Moody’s said that the apprehensions that were expressed several months ago regarding the decay of the American economy, now they seem to be true. They estimate that by the end of 2025, America’s economy will be in the grip of heavy recession. He said that he does not think that the American economy is in recession at this time. But they believe that it is standing on the verge of recession.
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