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Economic V shape recovery

Weatherhead's Jonathan Ernest says recession fears are rising

MEDIA | March 28, 2025
STORY BY: EDITORIAL STAFF

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CNBCJonathan Ernest, assistant professor of economics at Weatherhead School of Management, noted that recession fears are rising, and inflation could climb if President Trump enacts new tariffs. Ernest warned a stimulus now “is not quite going hand in hand with current monetary policy” and could slow the Fed’s inflation fight. He also questioned its alignment with deficit reduction.