as well as arguably greater political risk. I assume that’s a recognition of a wider output gap for Europe, but output gaps don’t set speedlimits much except in good times.
Last week's data revealed that Europe's mild recession ended with the first quarter of 2024. Two back-to-back gross domestic product (GDP) declines of -0.1% in the third and fourth quarters of 2023 were followed by growth of +0.3% in the first quarter. This growth for the quarter 1.3...
There are also notable divergences in the central and eastern European region (CEE), with differences mostly down to sectoral drivers. While we forecast Bucharest to be one of Europe’s fastest growing cities in 2023, Warsaw stagnates, and the Prague economy is likely to contract. ...
Persson said that Swedish households took considerably more of a beating than those in the rest of Europe and the United States, due partly to the krona weakened by the inflation shock, and partly to the fact that Swedes are generally more indebted and more sensitive to interest rate increases...
"Right now, all eyes are on inflation,” said Shawn DuBravac chief economist, IPC, and report author. “Whereas inflation has likely peaked in the US, that is not the case in Europe, and likelihood of a recession in Europe next year is high. When the prosp...
WASHINGTON, April 25 (Xinhua)-- The United States will experience a "modest recession" in 2023 due to inflation and other economic factors, mortgage giant Fannie Mae has said. The recession is predicted to be triggered by the country's record-high inflation, the Federal Reserve's tightening ...
Things came to a head later that year with the bankruptcy ofLehman Brothers, the country’s fourth-largest investment bank, in September 2008. The contagion quickly spread to other economies around the world, most notably in Europe. As a result of the Great Recession, the United States alone...
Barclays cut its forecast for China’s economic growth next year to 3.8%, based partly on expectations of a drop in global demand for Chinese goods.
高风险投资警告: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign...
financial markets into a tailspin last week as elements of “core” inflation, like housing costs, appeared more stubborn last month than economists had anticipated. But the ongoing energy crisis in Europe has led to even more severe increases in the cost of ev...