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The much-anticipated recession of 2023 has yet to materialize. Some of the latest economic data point to more signs of strength than weakness. One strategist has a term for what that says about ...
The NBER officially calls U.S. recessions, and data from Bank of America shows why this group won't be in a rush to declare the U.S. economy in recession.
To avoid a recession, the U.S. economy will need to hope two bills currently being debated in Congress—a proposed tax cut and military aid for Ukraine and Israel—get passed, says Piper Sandler ...
The Sahm Rule, developed by economist Claudia Sahm, says that the US economy has entered a recession if the three-month average of the national unemployment rate has risen 0.5% or more from the ...
The UK entered a technical recession in the final six months of 2023. [211] [212] Germany's inflation rate reached 11.7% in October 2022, the highest level since 1951. [213] In 2023, Germany fell into recession from January to March due to persistent inflation. [214] In France, inflation reached 5.8% in May, the highest in more than three ...
Officials have hiked the Fed funds rate from near-zero in March 2022 to a range between 5.25% and 5.5%, where it has been for a year, in an attempt to cool the economy and slow the rise in ...
Here's why tomorrow could be a big day. A last look for the Fed At 8:30 a.m. on Nov. 1, the U.S. Bureau of Labor Statistics will release October data for U.S. nonfarm payrolls, or the "jobs report."
The Conference Board's Expectations Index dropped to a five-month low in December, nearing a threshold that typically signals a recession ahead. US consumer confidence drops unexpectedly to near ...