Business
Deutsche becomes the first major bank to forecast a recession in the US
![Deutsche becomes the first major bank to forecast a recession in the US](https://news7g.com/wp-content/uploads/2022/04/107029763-1647251704145-gettyimages-1236040258-SINGAPORE_DEUTSCHE-780x470.jpeg)
Widespread inflation and the rate hikes needed to combat it will likely tip the US into a recession by 2023, according to Deutsche Bank economists.
Source link