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Bank of America warns America now has 2 economies

Covered by 2 sources · 2 articles

2 outlets - including Yahoo and Thestreet - are covering this story. Investors expected a much simpler economy by now. Inflation was expected to keep easing, consumers were expected to bend under higher prices, and the next big Fed debate was supposed to be about when rate cuts could begin. However, Bank of…

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Yahoo Finance News Jul 7, 20:23 UTC

Bank of America warns America now has 2 economies

Bank of America warns America now has 2 economies
TheStreet Jul 7, 17:23 UTC

Bank of America warns America now has 2 economies

Investors expected a much simpler economy by now. Inflation was expected to keep easing, consumers were expected to bend under higher prices, and the next big Fed debate was supposed to be about when rate cuts could begin. However, Bank of…