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Downside risks to US economy, Wells Fargo CEO says: 'Financial strain on low-income groups deepening'
AI 3-line summary
- Wells Fargo CEO Charles Scharf said in a CNBC interview that there are more downside risks to the US economy.
- Scharf said businesses and high-income earners are financially healthy, but low-income earners are living on less money than before the pandemic.
- The Labor Department revised down job creation figures through March 2024 by 910,000, and Scharf noted that the economic slowdown cannot be denied.
Summary written by AI from the original article · 88 languages
Read the full article (machine translation) → Original article (Korean): 미국 경제 하방 리스크, 웰스파고 CEO “저소득층 재정불안 심화”
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