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May 2, 2025
NEW YORK — Financial markets are volatile. Consumer confidence is at its lowest level in five years. Economists say recession risks are rising.
It all adds up to financial uncertainty for a lot of Americans. Roughly half of U.S. adults say that President Trump's trade policies will increase prices “a lot,” according to a recent poll by The Associated Press-NORC Center of Public Affairs Research. And about half of Americans are “extremely” or “very” concerned about the possibility of the U.S. economy going into a recession in the next few months.
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