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Showing posts with the label mildrecession

A new report predicts that the U.S. will experience a "mild recession" in the current year.

A report from Bank of America says the U.S. will have a "mild recession" in the second half of 2022, fueled by inflation and heightened energy costs. Michael Gapen, head of U.S. Economics for Bank of America, joins "CBS News Mornings" to explain the report's findings and what a potential recession means for Americans. #news #recession #economy CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+. Subscribe to the CBS News YouTube channel: Watch CBS News: Download the CBS News app: Follow CBS News on Instagram: Like CB...