Us Recession

Recession in United States a growing fear as Fed plans to keep rates high

Stock markets buckled on the growing realization that the Fed may be willing to let the economy slide into recession if it decides that’s what's needed to drive inflation back down to its 2% annual target

US recession a growing fear as Fed plans to keep rates high

On Thursday, stock markets buckled on the growing realization that the Fed may be willing to let the economy slide into recession if it decides that’s what’s needed to drive inflation back down to its 2% annual target

Has the US entered recession? The verdict is divided

The Bureau of Economic Analysis estimated on 28 July that the US economy shrank at an annual rate. Some observers suggest that this is a “technical recession” or the “unofficial start” of one while others suggest the shrink raises fears or signals that a recession is on the way

US economy shrinks for second straight quarter as recession fear heightens

The US economy shrank from April through June for a second straight quarter, contracting at a 0.9 per cent annual pace

Explained: Is US entering a recession? How will we know when it has begun?

The US Fed is trying to combat raging inflation, which reached a 9.1 per cent annual rate in June, the worst mark in nearly 41 years. Rapid price increases in food, gas and rent have eroded incomes and led to much gloomier views of the economy among consumers

Oil slips on slowing global demand concerns despite US-China trade talk hopes; market may tighten in Q4

In oil markets, however, concern over whether Trump can achieve progress on the trade dispute has overshadowed OPEC’s Thursday pact to trim output by asking members to bring their production back in line with targets.

Oil prices drop nearly 1 percent on recession concerns; Germany’s shrinking manufacturing output data adds to slowdown woes

Both crude oil price benchmarks have slumped by more than 3 percent since last week hitting their highest since November 2018.

EU debt crisis, US slowdown impacting India: Pranab

The finance minister said the government doesn't have an elbow room for economic stimulus as it committed towards fiscal consolidation.