Bank of America Global Research raises US growth forecast on 'soft landing' expectation

'Soft landing, no recession,' Bank of America now predicts. Here's what consumers can expect

A highly anticipated downturn in the U.S. economy may not come to fruition, based on the latest economic data, experts say. Here's what consumers can expect.

Bank Of America Withdraws Recession Forecast Amid Strong Job Market, Expresses Concerns Over New Capital Rules - Bank of America (NYSE:BAC)

BofA Dumps Recession Call. Economists Get More Upbeat.

The bank's economists said that given recent data, they now see a so-called soft landing. The Fed's staff has backed away from a recession forecast as well.

Bank of America Reversed Recession Call on Strong Jobs and Spending, CEO Says

Bank of America Corp. Chief Executive Officer Brian Moynihan said the firm reversed its prediction for a recession in coming months because of strength in the jobs market and robust consumer spending.

Bank of America now expecting ‘soft landing’ instead of recession

Bank of America is now expecting the U.S. economy to experience a “soft landing” instead of a recession, its economists said in a research note this week. The bank’s economists, who had previously forecast a mild recession in the first half of 2024, revised their outlook on Wednesday, saying they instead expect to see economic…

‘Imagine no recession, it’s easy if you try.’ Bank of America flip-flops on its recession call, arguing a ‘soft landing’ is on the way

The investment bank has been predicting a recession since the summer of 2022. A full year later, they’re having second thoughts.