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Wells Fargo Foresees US to Fall into Mild Recession by Yr End
Recommend 2 Positive 2 Negative 10 2022/05/19 09:28
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Wells Fargo Investment Institute forecast a mild recession for the U.S. economy in its base case scenario for end-2022 and early 2023. The institute likewise chopped the 2022E GDP growth for the U.S. from 2.2% to 1.5% and reduced 2023E to a decrease of 0.5% from the original forecast of a 0.4% growth. AAStocks Financial News Web Site: www.aastocks.com |
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