Browsing Tag
Recession
47 posts
Bank of America CEO Predicts a “Mild Recession” is Coming
Bank of America CEO, Brian Moynihan says that he sees a relatively mild recession reaching the US. Moreover,…
U.K. Officially Dodges Recession in 2022 by Growing 0.1% in Q4
The United Kingdom’s Office for National Statistics [ONS] revealed revised data illustrating the state of the economy on…
Cryptocurrency: 55% Of Americans ‘Fear’ a Recession Will Wipeout Their Wealth
The word ‘recession’ sends jitters down one’s spine, as it can wipe away investments in a jiffy. A…
Bridgewater CIO Warns of a ‘Painful & Much Longer Recession’ Than Expected
Karen Karniol-Tambour, the Chief Information Officer (CIO) at Bridgewater, warned investors of a more “painful” recession than previously…
The UK May Enter a Recession In Early 2023, Experts Say
The UK (United Kingdom) narrowly escaped entering a recession due to zero growth in the last three quarters…
Fed Officials Agree Rates Cuts Shouldn’t Happen in 2023
The Federal Reserve (FED) has been implementing several tactics to bring down soaring inflation. The fear of rising…
Voting Member of FOMC James Bullard Sees Slow Growth Rather Than a Recession
In recent months, the US economy has been under a lot of stress. Everyone in the world believed…
US Q3 GDP Increased by 2.6%, the First Increase This Year
Economists believe that the US is likely to enter a recession if the GDP numbers reveal a decline.…
Biden Economic Advisor Says the US is Robust to Avoid Recession
The US government has faced a tremendous strain on its economy during the past few months. The whole…
Recession in the US is likely: Goldman Sachs CEO
Over the last couple of months, the US government has had to deal with immense pressure on its…
