Tuesday, October 11, 2022

Daily News Blurb From Bullion Exchanges: Top US Bank Gives Grim Economic Warning

Excerpt:

"Bank of America (BofA) has warned that the Federal Reserve’s aggressive monetary policy will destroy the nation’s job growth in 2023.

BofA says that as many as 175,000 employees a month will lose their jobs, which will lead to..."

Read More: https://bullionexchanges.com/blog/gold-silver-and-bitcoin-prices-daily-market-news-oct-2022/

Question for the Comments: Do you agree with the Fed’s plan to reach a 5.5% unemployment rate goal? How will the economy react if 175,000 employees lose their jobs in a month?

https://preview.redd.it/cg9mr866h7t91.png?width=591&format=png&auto=webp&s=2959fa198a1d1b02ce8e63a5d6c75008602690a6

Bullion Exchanges frequently releases short, easy-to-digest news summaries about events impacting the precious metal and financial industries. Here is a link to our blog posts from previous months: https://bullionexchanges.com/blog/category/daily-market-review-on-precious-metals-price/


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