The U.S. economy is at risk of shrinking in the second quarter, BofA Global Research wrote in a client note, following recent economic data that hinted that the Federal Reserve’s aggressive interest rate hikes were cooling the economy. “This week’s data flow is consistent with our view that the...
https://www.hellenicshippingnews.com/bofa-sees-meaningful-risks-of-q2-u-s-economic-contraction/