Closing Bell: Bank of America CEO on Earnings, Wells Fargo CFO Weighs In, Defense Downgrade 1/13/23
Closing Bell
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Bank of America's Core Prediction for a Mild Recession in Early 2023?
Bank of America predicts a mild recession in early 2023, to mid 2023. The Fed is faced with a challenge to bring inflation down and you're seeing some of the dishes that inflation tipping over,. And that's good. Will it be a little different? Yes, because the stimulus and stuff that went in the economy, still sitting there.
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