Top Wall Street Economist Delivers Grim Prediction On Future Recession Harold Hutchison on February 15, 2024 Andrew Hollenhorst, chief U.S. economist at Citi, predicted on CNBC Thursday that the American …
Recession
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(Reuters) – The U.S economy should avoid a recession in the coming year, according to an increasingly large majority of economists polled by the National Association of Business Economics. Some …
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By Casey Hall SHANGHAI (Reuters) – The night before China’s civil service exam, Melody Zhang anxiously paced up and down the corridor of her dormitory, rehearsing her answers. Only when …
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NEW YORK (Reuters) – Credit rating agency Fitch no longer forecasts a U.S. recession this year due to several signs of strength in the economy, Fitch Ratings’ Chief Economist Brian …
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By Davide Barbuscia NEW YORK (Reuters) – U.S. bond manager PIMCO said on Tuesday it was too early to declare victory over inflation and that recession risks persist, despite market …
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A look at the day ahead in U.S. and global markets from Mike Dolan With investors trying to read recessionary warnings from softening U.S. labor market signals all week, the …
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By Naomi Rovnick LONDON (Reuters) – Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will …
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By Prerana Bhat BENGALURU (Reuters) – The European Central Bank will cut interest rates in the second quarter of next year, earlier than previously thought, according to a slim majority …
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LONDON (Reuters) – The downturn in euro zone business activity eased last month but still indicates the bloc’s economy will contract again this quarter as the dominant services industry continues …
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By Yoruk Bahceli, Dhara Ranasinghe and Naomi Rovnick (Reuters) – A stellar rally in equities and bonds suggests market confidence is high for the world economy to reach a soft …
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By Davide Barbuscia NEW YORK (Reuters) – The Federal Reserve will likely hesitate to cut interest rates next year for fears of a rebound in inflation, but by keeping interest …
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By Johan Ahlander STOCKHOLM (Reuters) – Sweden’s economy entered recession in the third quarter, which contracted 0.3% from the previous one, as higher interest rates hit consumer spending and investments. …
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By Lewis Krauskopf NEW YORK (Reuters) – The Federal Reserve will cut rates more aggressively than markets are currently pricing in as a mild U.S. recession arrives in the first …
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By Samuel Indyk and Danilo Masoni LONDON (Reuters) – European equity markets are forecast to eke out a modest rise in 2024, a Reuters poll found, as optimism that global …
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By Marco Aquino LIMA (Reuters) – Peru’s central bank again lowered its benchmark interest rate by 25 basis points to 7.00% on Thursday, as the monetary authority in the Andean …
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By Dan Burns and Jonathan Cable WASHINGTON/LONDON (Reuters) – U.S. business activity ticked higher in October while output in the euro zone took a surprise turn for the worse, surveys …
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By Ann Saphir (Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Tuesday said the U.S. central bank need not raise borrowing costs any further, and sees no recession …
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By Andy Bruce and William Schomberg LONDON (Reuters) -Britain’s economy displayed clear recession signals on Friday, a day after the Bank of England called a halt to its long run …
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By Dhara Ranasinghe and Chiara Elisei LONDON (Reuters) – The risk of a global recession over the next 12 to 18 months is close to a “coin flip” and financial …
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By Jan Strupczewski BRUSSELS (Reuters) – The euro zone economy will grow slower than previously expected this year and next, the European Commission forecast on Monday as consumer demand suffers …
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NEW YORK (Reuters) – Despite recent optimism around the U.S. economy, a recession remains a more likely scenario than a so-called “soft landing” as the Federal Reserve seeks to curb …
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SYDNEY (Reuters) – Australian inflation over the past year-and-a-half was the worst in three decades but the country is still unlikely to experience a recession, the head of the country’s …
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By Safiyah Riddle (Reuters) – More than half of U.S. small business owners believe the economy is already in a recession, marking a slight decrease between July and April, despite …
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AMSTERDAM (Reuters) – The Dutch economy has entered a recession as it shrank 0.3% on a quarterly basis in the second quarter, a first estimate published by Statistics Netherlands on …
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(Reuters) – JPMorgan’s chief economist said on Friday the bank is no longer forecasting a U.S. recession this year and has raised its economic growth estimate as the economy expands …