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BRICS: Major Bank Predicts 'Hard Landing Recession' for US

Summary by Ground News

Morgan Stanley has forecasted a tragic end for the United States following the Federal Reserve's long-standing fight against inflation. The full effects of the Fed's tightening campaign won't be felt until 18 months after the final interest rate hike. The US dollar has performed poorly in recent weeks and has active opposition in BRICS currencies.

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BRICS: Major Bank Predicts 'Hard Landing Recession' for US

Alongside BRICS de-dollarization efforts, one major bank has predicted a "hard landing Recession" for the US in the next 18 months

1 year ago

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watcher.guru broke the news in 1 year ago on Saturday, March 2, 2024.

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