LONDON (Reuters) -Bank of England rate-setter Swati Dhingra said in an interview published on Saturday that higher interest rates could lead to a deeper and longer recession, adding there were…
JPMorgan Strategists Predict Stock Plunge, Recession As Early As First Half Of 2023 John Hugh DeMastri on December 1, 2022 Strategists at JPMorgan Chase predicted a recession as soon as…
By Davide Barbuscia NEW YORK (Reuters) – Benchmark U.S. Treasury 10-year yields will fall next year as the Federal Reserve slows monetary tightening and eventually cuts interest rates to stimulate…
By Danilo Masoni MILAN (Reuters) – Tightening financial conditions and the prospect of an economic recession are going to be a toxic brew for European shares going into 2023 with…
By Stella Qiu SYDNEY (Reuters) – New Zealand is likely facing a “shallow” recession as interest rates need to rise further to tame inflation, a top central banker said on…
BERLIN (Reuters) – The downturn in German economic activity eased in November, a preliminary survey showed on Wednesday, as firms saw price pressures retreat from recent highs, offering hope that…
By Jonathan Cable LONDON (Reuters) – The European Central Bank will press on with policy tightening, adding 50 basis points to its deposit rate next month as it worries rapid…
By Fabian Cambero and Gabriel Araujo SANTIAGO (Reuters) -Chile’s economy shrank in the third quarter at the fastest quarterly rate in more than two years, declining further after a rapid…
BUDAPEST (Reuters) -Hungary is aiming to prevent its economy sliding into recession, Prime Minister Viktor Orban said on Friday after data this week showed the economy contracting in quarterly terms…
Biden’s Top Econ Adviser To Leave White House Amid Inflation, Recession Fears: REPORT John Hugh DeMastri on November 17, 2022 President Joe Biden’s top economic advisor, Brian Deese, is anticipated…
LONDON (Reuters) – Britain’s economy will shrink by 2% in a recession that started during the previous quarter and is on track to last just over a year, the Office…
LONDON (Reuters) – The Bank of England’s newest interest rate-setter Swati Dhingra said on Wednesday that the British central bank could deepen an expected recession if its pushes up borrowing…
(Reuters) – Inflation is at risk of becoming entrenched in the economy from an overheated job market, making it difficult for the Federal Reserve to bring down inflation without a…
By Leika Kihara NUSA DUA, Indonesia (Reuters) – The head of the World Trade Organization (WTO) warned on Wednesday that several major economies face a real risk of sliding into…
By Marc Jones LONDON (Reuters) – A closely-watched survey of global investor views published on Tuesday showed a growing angst that recessions and stagflation episodes will be stalking the world…
By Kevin Buckland TOKYO (Reuters) – Britain and the euro zone economies are likely to tip into recession next year, Morgan Stanley said, but the United States might make a…
By Steve Scherer and Julie Gordon OTTAWA (Reuters) – Some Canadian employers say they plan to hold onto their workers even if the economy slips into a recession rather than…
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s economy is expected to have slowed markedly in the third quarter as global recession risks hurt external demand while rising inflation and a…
TORONTO (Reuters) – Canadian Finance Minister Chrystia Freeland on Thursday unveiled an economic update, slashing 2023 real GDP forecast to 0.7%, but said the economy would avoid a recession, while…
WASHINGTON (Reuters) – The United States is not in a recession, White House chief of staff Ron Klain said on Thursday, adding that economic data showed the nation’s economy was…
By Gaurav Dogra (Reuters) – Asian equities saw meagre inflows in October after massive selling in the previous month, and analysts expect fears of a global recession and a stronger…
FRANKFURT (Reuters) – The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased, ECB President Christine…
European Central Bank Takes Action As EU Teeters On Brink Of Recession John Hugh DeMastri on October 27, 2022 The European Central Bank (ECB) raised interest rates by 0.75 percentage…
VILNIUS (Reuters) – The likelihood of a euro zone recession is rising but the European Central Bank needs to keep raising interest rates as inflation remains high and projections may…
RIYADH (Reuters) – Former U.S. treasury secretary Steve Mnuchin said on Wednesday he believed the United States was in a recession and said this would continue. Speaking at Riyadh’s flagship…