Tag: recession

Dow Jones/WSJ reports economists’ 63% probability on a US recession in the next 12 months

A survey of economists in the Wall Street Journal. The gist of the expectation of recession is that expectations are that continued Federal Reserve rate hikes will mean higher unemployment and a downturn...

Germany expects recession spanning three quarters in a row, starting in Q3 2022

A harsh winter beckons for the German economy and the forecasts certainly underscore that. The energy crunch and soaring inflation pressures are to hit households hard, and these aren't issues that are going...

Asia FX Extends Slump on Recession Fears, Dollar Reigns By Investing.com

By Ambar Warrick  Investing.com-- Asian currencies fell further on Wednesday amid growing fears of a global recession, while the dollar continued its ascent on safe haven demand and in anticipation of more U.S. economic cues. The...

JPM Dimon: US recession likely 6-9 months from now

<p>JPMorgans Jamie Dimon during an interview on CNBC in Europe says:</p><ul><li>There is likely to be a recession in 6-9 months.</li><li>The crack that would tip the scales would likely be in the credit markets</li><li>Markets...

Inflation, Recession, and a China-U.S. Crisis—OctaFX Takes a Look

<p class="LO-normal">Pandemics and health crises, political tensions, war flashpoints popping up, Western sanctions on significant European and Asian economies, and grave tensions between nuclear powers all have had their toll on the financial markets worldwide. The...

El-Erian: Fed made 2 big mistakes that’ll go in history books, spur a damaging recession

Mohamed El-Erian spoke on US TV over the weekend, CBS' "Face the Nation" on Sunday.El-Erian is chief economic adviser at Allianz.He outlined what he sees as two big mistakes made by the Federal...

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