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The CEO of the biggest US bank became the latest Wall Street boss to downplay worries that this week's volatility reflects an unhealthy economy but noted that a coming recession was still possible.
The NBER officially calls U.S. recessions, and data from Bank of America shows why this group won't be in a rush to declare the U.S. economy in recession.
Typically, a recession is defined by a decline in economic activity that lasts more than a few months, the NBER says. But the U.S. economy is still chugging along, with second-quarter GDP growing ...
America’s central bank doesn’t see any signs of a recession on the horizon. Not this year, next year or the year after. Here’s why the Fed doesn’t see a US recession in coming years
The idea of a coming recession may be scary, and understandably so. The good news is that there's no guarantee the economy will decline in the coming year, despite the Fed's projections.
The Conference Board's Expectations Index dropped to a five-month low in December, nearing a threshold that typically signals a recession ahead. US consumer confidence drops unexpectedly to near ...
There was a time not long ago when most economists and investors were warning Americans to brace for a near-certain recession in 2023. So far, the downturn hasn't fully materialized, aided by a ...
In the event of a recession and rates going up in tandem, there will be real estate "problems" the 67-year-old said, though "some banks will have a much bigger real estate problem than others."