Coin-Miners - Crypto Currency Tracker logo Coin-Miners - Crypto Currency Tracker logo 2023-06-06 07:30:23

Bank of America Predicts Milds Recession After Fed’s Tightening Action

Bank of America is predicting a mild recession will happen during the last two quarters of 2023. Brian Moynihan, CEO of Bank of America stated that this recession will be the consequence of the U.S. Federal Reserve tightening actions in order to fight inflation, and how this will increase unemployment to 4%. Bank of America

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