Brian Moynihan on the Record, The Cardboard Box Recession, and Billionaires’ Row 6/12/23
The Exchange
00:00
The Impact of the Fed's Stimulus on the Economy
The economy is slowing down. They're guiding it down. We'll be a soft landing. Our economists think it'll be a recession, but a mild recession. And unemployment moves up in the mid fours. So it's not quite the disruptive thing. Now, will that have an impact on all the economy? Of course it does. But the reality is that it's really going to come down to people employed and people are spending a little bit more."
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