recession

German recession ‘inevitable’ – Deutsche Bank

The engine of European economic development, Germany, is set for a contraction, Deutsche Bank CEO Christian Sewing warned this week, as…

2 years ago

US Treasury secretary denies recession

US Treasury Secretary Janet Yellen has denied that the American economy is in recession, even though a report this week…

2 years ago

Eurozone faces mounting recession risk – Bloomberg

The risk of recession in the euro area is growing, economists polled by Bloomberg warned on Tuesday, citing the shortage…

2 years ago

World’s biggest economy dangerously close to recession — analysts

JPMorgan Chase has revised its midyear US growth outlook, sharply lowering expectations for second-quarter annualized real GDP growth to 1%…

2 years ago

US Treasury weighs in on recession prospects

A full recession in the US is not “at all inevitable” despite an economy that is slowing down, Treasury Secretary…

2 years ago

Stocks fall amid recession fears

All three major US stock market indices continued their downward slide on Monday, amid growing expectations of significant rate hikes…

2 years ago

World’s richest man praises recession as ‘good thing’

Elon Musk, the world’s richest man, has tweeted in praise of the recession facing the US in response to a…

2 years ago

‘Recession shock coming,’ major US bank warns

The macroeconomic picture is deteriorating rapidly and could push the US economy into recession as the Federal Reserve tightens monetary…

2 years ago

Recession is over for the richest few, while billions will live in poverty for at least a decade – Oxfam

The report, called ‘The Inequality Virus’, was published on the opening day of the World Economic Forum in Davos, which…

3 years ago

DOLLAR will CRASH in 2021, US should brace for double-dip recession, economist warns

“We’ve got data that’s confirmed both the saving and current account dynamic in a much more dramatic fashion than even…

4 years ago