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A roundup of comments on the economy from today's corporate earnings slate
It's a highly uncertain time in the global economy with many worried about a recession and others about ongoing inflation. The Fed continues to forecast a soft landing with growth around 1% this year.
What's the corporate world seeing?
Here are some hints:
Bank of America CEO Brian Moynihan said net chargeoffs remained lower than 2019 but cited an "increasingly slowing economic environment"
JPMorgan added $2.3 billion to provision for credit losses in an increase from... Read More
Posted: Jan 13 2023, 14:06
Author Name: forexlive
Views: 112558