menu search

Bank of America no longer expect a US recession - upgrade their outlook to 'soft landing'

Bank of America no longer expect a US recession - upgrade their outlook to 'soft landing'
Bank of America revised their forecasts fo the US economy and now see slow growth ahead instead of a recession. “We revise our outlook for the US economy in favor of a soft landing, where growth falls below trend in 2024, but remains positive throughout our forecast horizon”“Recent incoming data has made us reassess our prior view that a mild recession in 2024 is the most likely outcome for the US economy" "Growth in economic activity over the past three quarters has averaged 2.3%, the unemploy... Read More
Posted: Aug 2 2023, 20:54
Author Name: forexlive
Views: 102325

Search within

Pages Search Results: