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Two-Thirds of Traditional Financial Institutions Predict US Recession in 2023

NFT, crypto
Published 1 year ago
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Two-Thirds of Traditional Financial Institutions Predict US Recession in 2023
NFT, crypto,
Published 1 year ago

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The US economy may be in for a rough ride. According to a survey by the Wall Street Journal, financial experts are predicting that the country will face an economic recession this year.

Over two-thirds of economists from 23 major financial institutions that operate with the Federal Reserve believe that the US will experience a superficial or mild recession in 2023. Two of the institutions surveyed predict a recession for the following year.


The research included major names in the financial services sector, such as Barclays PLC, Bank of America Corp, TD Securities, and UBS Group AG.


US recession Economic downturn Financial experts survey Major financial institutions

Two-Thirds of Traditional Financial Institutions Predict US Recession in 2023 US Facing Tough Times Ahead: Majority of Traditional Financial Institutions Foresee Recession in 2023 Recession Looms on the Horizon for the US: Survey Shows Two-Thirds of Traditional Financial Institutions Expecting Economic Downturn in 2023 US Economy in Trouble? Traditional Financial Institutions Anticipate a Recession in 2023 US Economic Trouble Ahead: Traditional Financial Institutions Predict a 2023 Recession


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    NFT, crypto
    US Recession Economic Downturn Financial Experts