BofA reverses U.S. recession call amid growing optimism
Economists at Bank of America reversed their forecast for a recession in the U.S. but other major financial outlets are sticking with their recession calls. Read on.
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Economists at Bank of America reversed their forecast for a recession in the U.S. but other major financial outlets are sticking with their recession calls. Read on.
Many economists began forecasting recession last year, but a downturn obviously hasn’t happened yet, with the economy expanding an annualized 2.4% in the…
The bank's economists said that given recent data, they now see a so-called soft landing. The Fed's staff has backed away from a recession forecast as well.
The bank's economists said that given recent data, they now see a so-called soft landing. The Fed's staff has backed away from a recession forecast as well.
Financial Times: Economists increasingly believe a recession can be avoided.