Bullard: Recession a risk, but more on a global than U.S. basis
WASHINGTON (Reuters) – Rapid U.S. interest rate increases have raised the risk of a recession, but it is likely to be caused by an outside …
Recession
Brazil does not need to fear recession abroad, strong dollar, says Guedes
(Reuters) – Brazilian Economy Minister Paulo Guedes said on Monday that the country need not to fear recession abroad or a stronger dollar, arguing that …
German economy facing recession, Ifo surveys head says
BERLIN (Reuters) – The German economy is facing recession and almost all sectors are in the red, the Ifo surveys head Klaus Wohlrabe told Reuters …
Analysis-Credit markets see less risk of recession, earnings may challenge that
By Karen Brettell (Reuters) – U.S. high-yield corporate debt markets may be underpricing for the risk of a recession even as Treasuries and macroeconomic indicators …
Euro zone likely entering recession as price rises hit demand -PMI
By Jonathan Cable LONDON (Reuters) – A downturn in business activity across the euro zone deepened in September, according to a survey which showed the …
UK downturn deepens, raising recession risk -flash PMI
LONDON (Reuters) – The downturn in British businesses steepened this month as they battled soaring costs and faltering demand, according to a survey on Friday …
SNB’s Jordan can’t rule out recession – Blick paper
ZURICH (Reuters) – The Swiss National Bank does not think the Swiss economy will slide into recession but cannot rule the prospect out, SNB Chairman …
‘We’re In A Recession’: Steve Forbes Blasts Central Bank For ‘Making People Poorer’
‘We’re In A Recession’: Steve Forbes Blasts Central Bank For ‘Making People Poorer’ Harold Hutchison on September 19, 2022 Former Republican presidential candidate Steve Forbes, …
AmEx to hire 1,500 tech staff by year-end even as recession looms
(Reuters) – American Express Co said on Monday it is looking to hire around 1,500 people for technology roles, shrugging off fears of an economic …
BIS backs “forceful” rate hikes despite rising recession risk
By Marc Jones LONDON (Reuters) – The world’s central bank umbrella body, the Bank for International Settlements (BIS), has urged major economies to forge ahead …
Finland cuts 2023 GDP growth forecast, eyes recession risk
HELSINKI (Reuters) -Finland’s finance ministry on Monday cut its economic growth forecast for 2023 and said the country was at risk of a recession. The …
French central bank sees slowdown next year, risk of recession
PARIS (Reuters) – The French economy will slow sharply next year in the face of Europe’s energy crisis, with a risk of a “limited and …
World Bank sees rising risk of global recession in 2023
WASHINGTON (Reuters) – The world may be edging toward a global recession as central banks across the world simultaneously hike interest rates to combat persistent …
France is not falling into recession, Le Maire says
PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Wednesday that the economy was not facing recession after the government lowered its economic …
SHEFFIELD: Dems Sleepily Walked Us Into A Recession And Now They’re Ignoring The Wake Up Call
SHEFFIELD: Dems Sleepily Walked Us Into A Recession And Now They’re Ignoring The Wake Up Call Carrie Sheffield on September 13, 2022 Today’s inflation report …
Global economy may avoid recession as inflation risks ease – J.P. Morgan
(Reuters) – The global economy could avert a recession as data points to a potential soft landing, J.P. Morgan analysts said, while adding that the …
UniCredit CEO sees “shallow” recession ahead
FRANKFURT (Reuters) – UniCredit Chief Executive Andrea Orcel said on Wednesday Italy’s second biggest bank expected a “relatively shallow” recession in Europe followed by a …
Explainer-Liz Truss inherits UK economy heading for recession as new PM
LONDON (Reuters) – Britain’s next prime minister Liz Truss will face an economy that is forecast to go into a long recession later this year, …
Germany heading for recession despite new relief plan – economists
BERLIN (Reuters) – Germany, Europe’s largest economy, is still on course for a recession even with a new government plan to spend 65 billion euros …
Britain’s new PM faces an 80s playlist: recession, unrest and runaway prices
By Andy Bruce and Kate Holton RUNCORN, England (Reuters) – Britain’s prime minister in waiting Liz Truss models herself on Margaret Thatcher, judging by her …
Euro zone economy faces growing risk of recession, survey shows
By Jonathan Cable LONDON (Reuters) – Manufacturing activity across the euro zone declined again last month as consumers feeling the pinch from a deepening cost …
ECB must act decisively; recession fears should not constrain policy -Nagel
(Reuters) – The European Central Bank must act decisively to contain inflation, Bundesbank chief Joachim Nagel said on Tuesday, joining a chorus of policymakers calling …
Fed’s Barkin: no need for possible U.S. recession to be ‘calamitous’
(Reuters) – The U.S. Federal Reserve’s commitment to raising interest rates in order to bring inflation back down to its 2% goal will not necessarily …
Goldman warns UK inflation could top 20% as recession nears
LONDON/HONG KONG (Reuters) -Inflation in Britain could exceed 20% early next year if spiralling gas prices fail to come down, economists from U.S. investment bank …
ECB’s Lane sees euro area slowdown, does not rule out technical recession
MADRID (Reuters) – The euro zone’s economy is likely to experience an economic slowdown, European Central Bank’s chief economist Philip Lane said on Tuesday, adding …
Fed’s Harker: Any U.S. recession would be shallow
(Reuters) – Philadelphia Federal Reserve President Patrick Harker on Friday said he believes the U.S. central bank can bring down inflation without triggering a deep …
World at rising risk of recession as inflation hits consumers
By Jonathan Cable LONDON (Reuters) – The global economy is increasingly at risk of sliding into recession, surveys showed on Tuesday, as consumers faced with …
German recession increasingly likely, Bundesbank says
FRANKFURT (Reuters) – A recession in Germany, the euro zone’s biggest economy, is increasingly likely and inflation will continue to accelerate and could peak at …
Fed to slow to 50 bps hike in September; recession worries grow: Reuters poll
By Prerana Bhat and Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will raise rates by 50 basis points in September amid expectations inflation …
New Zealand central bank’s Orr does not expect recession
WELLINGTON (Reuters) – Reserve Bank of New Zealand Governor Adrian Orr said on Wednesday that while growth would slow he did not expect a recession, …
U.S. high-yield bond funds draw cash as recession fears ebb
By Patturaja Murugaboopathy (Reuters) – U.S high-yield bond funds are attracting heavy investments, a turnaround from the selloffs of the first half of this year, …
Global physical oil market weakens as recession jitters mount
By Arathy Somasekhar, Noah Browning and Alex Lawler HOUSTON/LONDON – Physical oil prices around the world have begun to sag alongside futures, reflecting less alarm …
Column – Deep U.S. curve inversion hastens the recession it predicts: McGeever
By Jamie McGeever ORLANDO, Fla. – An inverted U.S. Treasury yield curve almost always heralds recession, but the yawning gap between high short-term funding costs …
Euro zone investor morale edges up, recession still likely – Sentix
BERLIN – Investor morale in the euro zone was essentially unchanged in August from the previous month, with a slight rise too little to stave …
REP. JASON SMITH: Democrats Should Heed Their Own Advice — Don’t Raise Taxes During A Recession
REP. JASON SMITH: Democrats Should Heed Their Own Advice — Don’t Raise Taxes During A Recession Rep. Jason Smith on August 7, 2022 During the …
UK PM hopefuls Sunak and Truss clash over recession warning in debate
By Andrew MacAskill LONDON – British foreign minister Liz Truss clashed over the future of the economy with former finance minister Rishi Sunak on Thursday …
Canadian dollar seen higher if recession fears fade – Reuters poll
By Fergal Smith TORONTO – Analysts expect the Canadian dollar to rally over the coming year, betting the threat of recession will ease as the …
Euro zone consumers brace for recession and high inflation – ECB survey
FRANKFURT – Consumers in the euro zone are bracing for the economy to shrink and for high inflation to continue eating into their income in …
Canadian dollar rises as U.S. data tempers recession fears
By Fergal Smith TORONTO – The Canadian dollar strengthened against the greenback on Wednesday as worries about a possible recession eased following encouraging economic data …
BofA lowers 2023 forecast for Mexico economy, cites potential recession
MEXICO CITY – Bank of America has downgraded its 2023 growth forecast for Mexico’s economy to 0% from 1% amid a potential U.S downturn, analysts …
‘People Just Don’t Know’: NYT Economist Says Americans Who Believe We’re In A Recession Have Been Duped By Media
‘People Just Don’t Know’: NYT Economist Says Americans Who Believe We’re In A Recession Have Been Duped By Media Harold Hutchison on August 1, 2022 …
India will not slip into recession, stagflation – minister
NEW DELHI – India will not slip into recession or stagflation, Finance Minister Nirmala Sitharaman told parliament on Monday, after opposition parties raised concerns about …
‘That Sound You’re Hearing Is The Goalpost Moving’: Tucker Rips Media For Recession Flip-Flop
‘That Sound You’re Hearing Is The Goalpost Moving’: Tucker Rips Media For Recession Flip-Flop Harold Hutchison on July 29, 2022 Fox News host Tucker Carlson …
Analysis-World’s biggest bond markets back in vogue as recession fears mount
By Dhara Ranasinghe LONDON – One day you’re out and the next day you’re in: the world’s battered sovereign bond markets are back in favour …
Are We In A Recession? It Doesn’t Matter To Americans Who Are Hurting, Economists Say
Are We In A Recession? It Doesn’t Matter To Americans Who Are Hurting, Economists Say Max Keating on July 28, 2022 The Biden administration has …
Analysis: Potential U.S. recession could feed an already vicious bear market
By Lewis Krauskopf NEW YORK – The prospect of a U.S. recession could mean more pain for battered stocks, despite a recent rebound that has …
Fed’s Powell does not believe U.S. economy is in recession right now
(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said he did not believe the U.S. economy is currently in a recession but it is …
No, we’re not in a recession, Biden administration tells U.S. voters
By Trevor Hunnicutt WASHINGTON – The U.S. economy is plagued by inflation and suffering from fallout from Russia’s war in Ukraine – but it’s not …
Biden: ‘We’re Not Gonna Be In A Recession’
Biden: ‘We’re Not Gonna Be In A Recession’ Max Keating on July 25, 2022 President Joe Biden told reporters Monday that he’s not worried by …
Economist Dismantles Biden Admin’s Attempt To Redefine Recession With One Chart
Economist Dismantles Biden Admin’s Attempt To Redefine Recession With One Chart Max Keating on July 25, 2022 The White House has been challenging a commonly-used …