Brace for the ‘deepest recession on record,’ says BofA analysts, as jobless claims surge to 6.6 million
April 02, 2020 at 09:34 AM EDT
There are no parallels for the pandemic fueled slowdown that the U.S. economy is currently contending with, and that is forcing economists like those of Bank of America Global Research to forecast a decidedly grimmer outlook for the American economy than they offered just two weeks ago.