Bank of America sees 1-in-3 chance of a mild US recession next year - Markets Insider

The bank says a "bumpy landing" is more likely from the Fed's interest rate increases, though it expects bigger hikes than what's priced into the market.

Bank of America has warned the US faces a one-in-three chance of tumbling into a recession next year, but said it would likely be mild by historical standards. The bank's economists said that risks … [+3497 chars]

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