Surprise Me!

BOA Boosts Third Quarter GDP Growth

2020-09-14 2 Dailymotion

Economists at Bank of America lifted their forecast for third-quarter US GDP growth to 27% from 15% on Friday.<br />Business Insider reports better-than-expected trends in retail sales, the housing market, and hiring.<br />BoA lowered its fourth-quarter projection to 3% from 5%.<br />Failed stimulus negotiations are growing increasingly likely.<br />No new aid could be a speed bump for the American economy.<br />BoA made the adjustment after Senate Democrats blocked Republicans' $500 billion measure on Thursday.<br />The parties remain hundreds of billions of dollars apart in their respective proposals' sizes.

Buy Now on CodeCanyon