Tag: global recession

Global Bank Leaders Scramble to Manage Fallout from Trump's Tariffs

In a bid to tackle the upheaval caused by President Trump's tariffs, top global banking leaders convened for an emergency meeting, addressing market turmoil and recession fears. The discussion, spearheaded by the Bank Policy Institute, included prominent figures like JP Morgan's Jamie Dimon. Concerns over trade wars and economic instability were at the forefront, with UK officials actively engaged as markets continued to destabilize.