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The debate over whether the U.S. is in a recession or merely experiencing a “vibecession” has gained traction as of late as several economic indicators have painted a somewhat confusing picture.
NEW YORK (AP) — As some of the world’s biggest economies stumble into recession, the United States keeps chugging along. Both Japan and the United Kingdom said Thursday their economies likely ...
Even if the Fed cuts in September, history shows that recessions can still occur during easing cycles, BCA's Peter Berezin wrote.
"The U.S. economy just skirts recession in 2023, but the landing doesn't feel so soft as job growth slows meaningfully and the unemployment rate continues to rise," the report said, predicting a 0 ...
Reuters polls of economists over the past year showed the risk of a recession one year out rising from 25% in April 2022, the month after the first rate hike of the Fed's current tightening cycle ...
The COVID-19 recession was a global economic recession caused by COVID-19 lockdowns. The recession began in most countries in February 2020. After a year of global economic slowdown that saw stagnation of economic growth and consumer activity, the COVID-19 lockdowns and other precautions taken in early 2020 drove the global economy into crisis.
Sky high inflation. Rising interest rates. Falling home purchases. Analysts are working to digest a host of signals about the state of the U.S. economy, which emerged from a pandemic recession ...
The COVID-19 recession was a major global economic crisis which has caused both a recession in some nations, and in others a depression. It is currently the worst global economic crisis in history, surpassing the impact of the Great Depression. The economic crisis began due to the economic consequences of the ongoing COVID-19 pandemic.