Deutsche Banks still expects a recession—but AI is boosting the medium-term outlook – Canada Boosts
In April 2022, with the Ukraine conflict in its early phases and inflation raging close to a four-decade excessive, Deutsche Bank turned the primary main funding financial institution to predict a U.S. recession. The 153-year-old German establishment’s chief economist, David Folkerts-Landau, argued the rise of inflation would finally power the Federal Reserve to quickly hike…
