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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (1363225)6/18/2022 7:29:34 AM
From: locogringo  Read Replies (1) of 1573408
 
Your boy Bumbling Biden is doing a great job




Bank of America Slashes U.S. Growth Forecasts
for 2022 and 2023: ‘Weak or Worse


Original Article

Bank of America economists slashed their forecasts for U.S. growth for this year and next to reflect ongoing inflation, Fed tightening, lockdowns in China, and the Russia-Ukraine war. In a report Friday, the bank’s economists said they now expect the economy to grow 2.3 percent this year and 1.4 percent next year, down from the forecast of four percent this year and 2.2 percent in 2023 that the bank issued in its year-ahead report in November. “It goes without saying that it has been a wild ride since our year-ahead piece last November.
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