Wall Street reversal: More and more economists are changing their minds and declaring US recession fears dead
It's the ultimate will-they won't-they: Will the American economy slide into recession this year? After much hemming and hawing from economists and Wall Street, Bank of America is the latest to revise its predictions — and says a severe economic downturn isn't likely.
in a July bank note that the odds of recession in the next 12 months now stand at 20%, down from its earlier 25% forecast. raising interest rates by 25 basis points
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