recession

Economic forecasting is not easy.At various points over the past two years, it looked like the United States was slowing down dramatically. At the beginning of 2023, the consensus forecast was the looming call of a recession. This year,…

The American Bankers Association's Economic Advisory Committee brings together 15 senior economists from some of the largest banks in North America.The committee chairman indicates that the Fed is close to achieving its dual mission, but…

Consumer confidence has fallen sharply amid growing concerns that Labour's rhetoric is fuelling economic concerns, raising the prospect of a slowdown in Britain. GfK’s latest consumer confidence index fell seven points to -20 in…

LONDON (Reuters) - The euro could rise against the dollar if a global recession hits, BNP Paribas (OTC:) Markets360 said, marking a break from previous trading dynamics. Sam Linton-Brown, the bank's head of global macroeconomic strategy,…

This article is also available in Spanish. In a new video analysisPopular cryptocurrency analyst Dan Gambardello has weighed in on the potential future of Cardano (ADA)…

Greek barista Kyriakos Giannichronis has seen headlines about his country's newly booming economy after years of stagnation — but he doesn't feel wealthy. The Athens resident has only about 150 euros ($170) to spare at the end of the…

Investing.com - The U.S. dollar got a boost overnight on stronger-than-expected second-quarter growth data. Even if the U.S. economy heads into recession, that may not mean a weaker dollar, according to MacQuarie. At 07:00 ET (11:00 GMT),…

The creator of the inverted yield curve, a recession indicator with a decades-long track record of accuracy, said it has evolved beyond just a warning of a future slowdown and now has implications for the economy. The reversal occurs…

A note from the economists at the investment bank. I haven't seen it yet, but the news agencies are carrying the highlights.In summary:It lowered its forecast for a U.S. economic contraction from 25% to 20%, and said it could lower the…

fire A string of positive economic data in recent days has prompted Goldman Sachs to lower its forecast for the U.S. economy to 20% from 25% next year. In a research note issued on Saturday, the investment bank said: He pointed to…