White House warns of “extraordinarily elevated” inflation data… Bank of America warns of looming economic slowdown

Sharing is Caring!

Bank of America warns of looming economic slowdown

Talk of a looming recession is rampant around the globe, and now a major U.S. bank has issued its own dire forecast for the global economy.

It’s been over a month since Russia invaded Ukraine, leading to an unforeseen and prolonged fallout for the global economy. Combined with an inflation problem that was already spiking the prices of virtually every commodity, global institutions have begun ringing the alarm bells that we are on the brink of a long-anticipated recession.


See also  Russia halts gas exports to Poland and Bulgaria... Kremlin warns anyone not paying in rubles also faces gas shutoff
Help Support Independent Media, Please Donate or Subscribe:
See also  Individual Freedom Ideology Destroyed America

Views: 216

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.