MEXICO CITY, Dec. 27 (Xinhua) -- The possibility of a deep and long-lasting recession in the United States, amid high inflation and high interest rates, could bring additional complications for emerging markets in 2023, a Mexican economist has warned. Besides the ongoing COVID-19 pandemic and...
Should you ask for a raise now, before a possible recession in 2023? As prices continue to rise and the economic outlook remains uncertain, you may ask yourself: “Is this a good — or bad — time for me to ask for a raise?” The good news is that employers are g...
“The market is betting on a hard recession in Europe and, on average, my consumers are losing around 20-30% of their demand for the next three months,” a fourth trader said. “The panorama hasn’t changed for the next few weeks or months. If there is any...
"It is very likely that the economy will be tipped into recession by mid-year," said Desmond Lachman, senior fellow at the American Enterprise Institute and a former official at the International Monetary Fund. GDP, which measures all goods and services produced in the United States, rose at ...
Headline: A recession in the near-term is possible, but not probable. Here’s why. Eyebrow: Top Market Takeaways Blurb: It will take time for growth to slow down, but investors should consider some changes now. By Line: Publish Date: Apr 01, 2022 Last Modified Date: Expiration...
FILE PHOTO: The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began their strike against the Alliance of Motion Pictures and Television Producers, in Atlanta, Georgia, U.S. May 2, 2023. REUTERS/Alyssa Poi...
A more challenging domestic and global macroeconomic outlook in 2024 is likely to make the BoJ cautious about normalising policy too quickly next year as raising interest rates excessively and rapidly could potentially push Japan into a recession. ...
The talk of inflation, and specifically hyperinflation, could create a scenario of higher prices in more than just commodities. And Basting says if you look back at history, that also means a recession. “If history is any indication, the economy would likely struggle through some type of rece...
“lost decade,” this was essentially a 10-year episode of stagnation and recession, affecting wealth, income, and financial stability. In this scenario, fiscal and monetary policy tightens strongly to bring inflation down. Asset prices contract in response, putting financial instituti...
Apart from massive losses attributed to suspended operations, industry foresee a grim recession ahead. Restrictive movements, weak tourism, curtailed income, compressed commercial activities and fear psychosis are expected to compress the passenger demand from 30 to 60%, endangering the commercial ...