CryptoGlobe
2023-06-28 02:47:00

Banking Behemoth HSBC Warns of Looming Recession in US and Europe

In an assessment of the world economy HSBC Asset Management, the investment arm of the banking behemoth warned that the United States is set to face economic headwinds in the latter part of this year, in what could potentially usher in a global recession. The firm, according to CNBC, also foresees a tumultuous 2024 for

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