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Treasury Secretary Janet Yellen told Yahoo Finance that she does "not see the basis" for a US recession, and that she expects the Federal Reserve will hit its 2% inflation target next year — a ...
If the unemployment rate hit 4.2% in July, an often accurate recession indicator would be flashing red. ... Read the latest financial and business news from Yahoo Finance. Show comments ...
That may be why there's a rabid interest in projecting when the next recession will come. The benefits of such a call vary. It can help, or hurt, political parties amid an election year. It can ...
In an August 2024 report, J.P. Morgan analysts revealed that there's a 35% chance the U.S. will fall into a recession by the end of this year. The probability of a recession by the end of 2025 ...
And just like that, everyone is a recession expert. Two weeks ago, most self-proclaimed finance experts hadn't uttered the word recession since it was fashionable in late 2022/early 2023.
The long-rumored recession has been postponed – or perhaps canceled altogether. The soft-landing vibes are real. Inflation is cooling. The economy is growing at a shockingly strong pace.
Yahoo Finance political reporter Rick Newman breaks down the build-up surrounding recession calls, President Biden's comments, inflation, and foreign energy markets within Russia.
Yahoo Finance's Rick Newman answers some of the biggest questions Yahoo viewers have surrounding the current state of the market and if a recession is imminent.