Cautious Forecasts: Moderate Growth, Uncertainty in 2026

Major financial institutions forecast moderate U.S. economic growth for 2026, with a cautious outlook due to uncertainty. Ernst and Young, Bank of America, and JPMorgan predict a K-shaped economy, with wealthy consumers and AI investments driving growth, while lower-income families face squeezed spending power. Bank of America anticipates a 2% growth rate, while JPMorgan warns of a 35% recession risk. Investors and businesses are advised to prepare for moderate times with plenty of contingency plans. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.