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Brace for a recession in 2023 as job losses top 2 million, Citi says

Por: Fox Business Business December 10, 2022

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Bank of America CEO Brian Moynihan discusses the pace of the economy as the Fed fights to get inflation under control on 'Cavuto: Coast to Coast.' The U.S. will likely tumble into a mild recession next year that sees unemployment top 5%, according to a new report from Citi Global Wealth Investments.  The group said in its latest published this week that the economy could lose an estimated in 2023 as the jobless rate climbs to... + full article



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