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Published 2 years ago

BofA CEO: Struggling Americans feel they are in a recession

Summary by Ground News
Brian Moynihan, CEO of Bank of America, says current economic conditions are negatively impacting those who are most vulnerable. The issue of whether the U.S. economy is in recession has become politicized heading into the 2022 mid-term elections. While inflation is at a level not seen since the early 1980s, other measures of the economy, like the monthly jobs report, are still strong.

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