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Bank CEOs increasingly turning pessimistic on economy
Read full article: Bank CEOs increasingly turning pessimistic on economyThe outlook of the U.S. economy from Wall Street’s biggest banks is getting gloomier and gloomier, after the industry spent the past year and a half trumpeting that the U.S. economy is strong and the U.S. consumer resilient.
Bank CEOs warn of 'daunting' challenges from inflation
Read full article: Bank CEOs warn of 'daunting' challenges from inflationThe CEOs of the nation’s biggest banks appeared in front of Congress Wednesday and gave a dim view of the U.S. economy, reflecting the financial and economic distress many Americans are facing.