'No question' of a downturn, hard to avoid recession: Wells Fargo boss - Markets Insider
5/18/2022 12:00:00 AM2 years 11 months ago
by Hamza Fareed Malik
by Hamza Fareed Malik
Charlie Scharf said while a recession in the US seems hard to avoid, the strength of businesses and consumers would dampen its impact.
Wells Fargo's CEO said there is "no question" of an economic downturn in the US and a recession looks difficult to avoid. Speaking to the Wall Street Journal's "Future of Everything Festival" on Tue… [+2074 chars]
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