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Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High

Bank of America Predicts US Recession This Year as Inflation Hits 40-Year HighBank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic momentum more rapidly than we previously expected,” the bank’s economists said. US Economy Heading Into a Recession This Year, Says Bank of America Bank of America’s economists now expect a […]

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Deutsche Bank Predicts Major US Recession Next Year

Deutsche Bank Predicts Major US Recession Next YearDeutsche Bank’s economists have warned that the U.S. will suffer a major recession next year. However, several other major investment banks, including Goldman Sachs and JPMorgan, are less pessimistic about the future outlook for the U.S. economy. Major US Recession Incoming, According to Deutsche Bank’s Economists Deutsche Bank has predicted a deeper downturn than its […]

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