![JP Morgan's global economic outlook shows three very different scenarios Thumbnail](https://static.twentyoverten.com/5d7fbd9b4734fe46e48d0f8c/cspa5Bdwnc/JP-Morgan-2023-outlook.png)
JP Morgan's global economic outlook shows three very different scenarios
JP Morgan's outlook focuses on three very different scenarios, with a baseline (40% probability) of seeing the building drag from an expected 5% fed funds rate and a rising US dollar as sufficient to tip the economy into a mild recession late next year.