Power Breakfast: Wall Street Slips Despite Better Inflation Data; Fed Expects Banking Crisis To Cause A Recession This Yr
Zee Business Video Team | Updated: April 13, 2023 08:51 AM IST
US markets slipped despite better-than-expected inflation data. The Dow closed down 40 points. Whereas, the Nasdaq fell 0.9%. The FED warned of a recession, saying, 'The banking crisis will cause a recession this year.'
