Bank of America CEO sees U.S. technical recession in 3rd qtr

Chief Executive Officer Brian Moynihan said on Tuesday the U.S. economy would reach a technical recession starting in the third quarter. Moynihan told The Financial Review's Business Summit in Sydney a U.S. recession would not be deep and the bank forecast interest rates would start falling in the…#bankofamerica #brianmoynihan #sydney #lewisjackson #scottmurdoch #chrisreese #richardchang

Source: Reuters: Health - March 7, 2023 Category: Consumer Health News Source Type: news