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Benzinga
Benzinga
Business
Rishabh Mishra

BofA CEO Warns Shutdown Could Slow Economy; Economist Sees Rising Recession Risk (CORRECTED)

BofA Mark Zandi Brian Moynihan Recession Stock Market Ryan Detrick Economy Government Shutdown X
Bank Of America

Editor's Note: This article has been updated to correctly reflect comments made by Bank of America CEO Brian Moynihan

Leading economic figures are issuing stark warnings that the month-long government shutdown is beginning to “materially damage” the U.S. economy.

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