Recession

ECB must keep raising rates even if recession risks rise, Lagarde says

The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased, ECB President Christine Lagarde said in an interview…

Read More Here

Poor corporate report cards in U.S., Asia point to economic pain

Oct 26 (Reuters) - U.S. companies from tech giants Alphabet and Microsoft to GE and toymaker Mattel reported big slowdowns in growth or warned things were going to get worse,…

Read More Here

Global economy may avoid recession as inflation risks ease – J.P. Morgan

The global economy could avert a recession as data points to a potential soft landing, J.P. Morgan analysts said, while adding that the Federal Reserve might have "over-reacted" with the…

Read More Here

Europe heading for recession as cost of living crisis deepens

LONDON, Sept 5 (Reuters) - The euro zone is almost certainly entering a recession, with surveys on Monday showing a deepening cost of living crisis and a gloomy outlook that…

Read More Here

Euro zone investor morale edges up, recession still likely – Sentix

BERLIN, Aug 8 (Reuters) - Investor morale in the euro zone was essentially unchanged in August from the previous month, with a slight rise too little to stave off fears of recession…

Read More Here

IMF chief says ‘cannot rule out’ possible global recession

(Reuters) - The head of the International Monetary Fund (IMF) said the outlook for the global economy had "darkened significantly" since April and she could not rule out a possible global recession…

Read More Here

World Bank’s Reinhart ‘skeptical’ global recession can be avoided

World Bank chief economist Carmen Reinhart said she is skeptical that the U.S. and global economies can dodge a recession, given spiking inflation, sharp hikes in interest rates and slowing growth in…

Read More Here

U.S. recession “more likely than not”, same for Europe – PIMCO

June 30 (Reuters) - A U.S. recession over the next 12 months is "probably more likely than not", PIMCO's global chief investment officer for fixed income Andrew Balls said on Thursday. Balls,…

Read More Here

Recession fears creep into ECB thinking at summer conference

SINTRA, Portugal, June 30 (Reuters) - European Central Bank policymakers put on a brave face at their annual gathering in the hills above the Portuguese capital and forecast further economic expansion despite…

Read More Here

Euro zone economic activity risks double-dip recession

Euro zone economic activity slipped back into decline this month as a second wave of the coronavirus sweeps across the continent, heightening expectations for a double-dip recession, surveys showed on…

Read More Here

Multinationals expected to help Ireland’s economy to bounce back

Irish economic data and surveys released since the second quarter suggest the economy bounced back sharply as activity resumed in many sectors but moderated last month after repeatedly stalled moves…

Read More Here

EU finance ministers agree on €500 billion emergency plan to combat Covid-19 recession

EU finance ministers agreed on a compromise strategy Thursday to fight the coronavirus economic fallout with emergency credit lines and spending plans — but no corona bonds. EU member states…

Read More Here

Britain’s economy avoids recession

Britain’s economy avoided a recession in the third quarter after it expanded by 0.3% but the annual pace of growth was the slowest for nearly 10 years as Brexit uncertainty…

Read More Here

Global economy enters a ‘synchronised stagnation’ period – FT

The global economy has entered a period of “synchronised stagnation” with weak growth in some countries and no growth or a mild contraction in others, according to research by the…

Read More Here

Italy in danger of entering recession

The CSC research unit of Italian industrial employers' confederation Confindustria said Monday that Italy is "still on the threshold of zero growth" and "risks falling into recession in the case…

Read More Here

German government insists economy not heading for pronounced recession

Europe’s largest economy is not facing a bigger downturn or a pronounced recession after contracting slightly in the second quarter but there are no signs of a turnaround yet either,…

Read More Here

Warning of higher risk of recession in Germany

There is an almost 60% chance that the German economy could fall into recession, according to a monthly index gauging the health of Europe’s largest economy published on Thursday by…

Read More Here

Concerns mount over German’s economy after slump in manufacturing orders

Concerns over the health of the German economy are mounting, after Europe’s largest economy suffered another big fall in manufacturing orders. Germany factory orders plunged by 1.6% in December, new figures…

Read More Here

Salvini on the recession : I do not care much to talk about data fixed the Istat

"There will be no government crisis and I will not pose a problem: I am counting on honoring the government contract with Di Maio, who is a serious person. The…

Read More Here