Bank of America warned of a mild recession at the beginning of the year. Now, it says ‘the Fed is close to ‘sticking’ a soft landing

Bank of America warned of a mild recession at the beginning of the year. Now, it says ‘the Fed is close to ‘sticking’ a soft landing – Canada Boosts

Again in January, Bank of America was one in every of many funding banks that believed the U.S. economic system was barreling towards recession. With the Federal Reserve elevating rates of interest at a breakneck tempo to combat inflation, the economic system would ultimately sluggish to standstill, the financial institution warned. However because the yr…

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