Michelle Meyer on economy: 'Risks are higher,' including China, but slower growth more likely than a recession

11:25 AM ET Thu, 31 Jan 2019

Head of U.S. Economics at Bank of America Michelle Meyer predicts a slower economy in 2019 compared to last year. A slowing global economy, especially from China, is likely to have an impact on the United States. But despite the risks being higher, the economic data shows an imminent recession may not be in the cards.