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Bank of America’s Moynihan says firm is preparing for US debt default

Summary by Ground News
Bank of America CEO Brian Moynihan says the country must be ready for default. He says the government has taken on a lot of debt to overcome the Covid-19 crisis. Moynihan says he still predicts a "mild recession" at some point in the future.

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Bias Distribution

  • 56% of the sources are Center
56% Center
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AOL broke the news in United States on Monday, February 6, 2023.
Sources are mostly out of (0)