Founder of a US Hedge Fund Company: The US Economy Is Likely to Slow Down Due to Tariff Threats

According to DeepWave TechFlow and JIN10 data, on May 14 local time, Steven Cohen, founder of the American hedge fund Point72, stated that he believes the U.S. economy is likely to slow down due to tariff threats. Cohen said at an investment conference held in New York: "We believe the Federal Reserve will not take immediate action because it will still be concerned about inflation issues caused by tariffs." Cohen expects the U.S. Gross Domestic Product (GDP) to grow by 1.5% next year.