The CEOs of Goldman Sachs, JPMorgan Chase and Bank of America warned of an ugly outlook for the economy in 2023, raising the specter of a recession next year.
Bank of America CEO Brian Moynihan discusses the pace of the economy as the Fed fights to get inflation under control on 'Cavuto: Coast to Coast.'grew louder this week, as executives ratcheted up their warnings of a possible recession in 2023.
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview in London, on Wednesday, May 4, 2022. In a troubling development, however, the Fed's rate hikes have thus far failed to tame inflation: The government reported last month that the consumer price index soared 7.7% in October from the previous year, well above the Fed's 2% target. That indicates the Fed will have to continue charting its aggressive course, raising the odds that it will crush consumer demand and cause unemployment to rise.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Here's what America's top CEOs are saying about a possible recession in 2023The CEOs of JPMorgan, General Motors, Walmart and others are gearing up for a potential economic slowdown in 2023.
Baca lebih lajut »
2023 VW Tiguan Review | A large, but middling crossoverThe 2023 VW Tiguan, the company's biggest seller, mostly carries over the same for 2023.
Baca lebih lajut »
2023 Mercedes-Benz AMG S 63, Best Car To Buy 2023: Car News HeadlinesA redesigned AMG S 63, our annual Best Car To Buy award, and Gymkhana 2022 all made headlines today.
Baca lebih lajut »
Top Six Airline Trends For 2023 Include Safety Threats And More Buzz Around UnitedWhat will happen in 2023? Threats to the air safety infrastructure will continue. A vanguard pilot deal at Delta Air Lines will bring relative labor peace. United Airlines will create buzz but 'bleisure' analysis may fade..
Baca lebih lajut »
Gartner Top 10 Strategic Predictions for 2023 and BeyondAre you ready to turn uncertainty into opportunity at your organization? Capture the interest of strategic thinkers and fuel the excitement of tactical decision makers with the Gartner Top 10 Strategic Predictions for 2023. GartnerIT StrategicPlanning
Baca lebih lajut »
Dig In: The Dallas Observer's Top 100 Restaurants for 2023This time last year, the restaurant industry was still shaking off the pandemic like a blindside blow from a middle linebacker. It was a slow, one-foot-in-front-of-the-other recovery from labor challenges, product shortages, crazy weather and inflation.
Baca lebih lajut »