Few economic terms can match the anxiety caused by the word recession. Yet, there’s often a lot of uncertainty surrounding what, exactly, it is. Formally, a recession is a period of decline in economic activity, often defined by a continuous decline in gross domestic product (GDP) for two...
Today, we know that recessions are caused by imbalances in the market. While we can’t know when the next recession will come, or how much value will be shed, it’s pretty much guaranteed that another recession will come around sooner or later. ...
Meanwhile, U.S. economic policies could have significant spillover effect on the world economy. There is widespread concern in the international community about the possibility of a recession in the United States. Over the years, the United States has kept saying that it does not seek conflict ...
What is recession? : A reprise : Discussion Paper No 95Allan LaytonAnirvan Banerji
shows that long-lasting periods of inflation are caused in large part by what’s known as aneasy monetary policy. In other words, when a country’s central bank sets the interest rate too low or increases money growth too rapidly, inflation goes up. As a result,your dollar (or whatever ...
Recession 2025: What to Watch and How to Prepare Wild Cards That Can Influence Stagflation Inflation has continued to hover above the Fed's 2% target, but we may see higher readings later in the year as more tariffs are enforced. One wild card is if the Department of Government Efficiency,...
WASHINGTON, March 23 (Xinhua) -- The United States could see a recession if rapidly rising oil prices hit a crucial tipping point, economists have warned. Oil prices are surging worldwide, and the conflict in Ukraine has exacerbated numerous factors that have already caused record price hikes,...
, In 2021 and 2022, the global auto industry became an asset bubble, caused by a spike in consumer demand and an international chip shortage during the COVID-19 pandemic. When a critical economic sector (such as housing) grows to a bubble, the inevitable pop can lead to a recession....
The recession of 1873 was actually known as the Great Depression until the 1929 recession rolled in. The recession started with a financial panic in 1873 with the failure of Jay Cooke & Company, a major bank. The event caused a chain reaction of bank failures across the country and the col...
Recessions are caused by a multitude of factors, with higher interest rates usually cited as the primary cause of a recession. To combat inflation, the Fed and other central banks aggressively raised interest rates to bring inflation down to their target of around 2%. However, this trend has s...