World Bank gloomier on China, sees growth lagging that of East Asia for the first time since 1990
admin SINGAPORE—The World Bank said it expects developing economies in East Asia to grow faster than…
Read MoreRecession
Fed’s Mester says inflation is going to remain hard to predict
It is going to be difficult for Federal Reserve officials to discern signal from noise…
Read More‘Financial markets are throwing in the towel’: Recession fears escalate as Fed slams brakes on the economy
The likelihood of sharply higher interest rates has tilted the odds toward another recession within…
Read MoreFed’s Bostic says central bank hasn’t lost credibility with the public
The Federal Reserve hasn’t lost credibility with the broader public beyond Wall Street, Atlanta Fed…
Read MoreIs recession talk worrying you? Here’s how near- and current retirees can prepare for their worst fears.
Talks of a recession are never comforting, especially for those on a fixed income or…
Read MoreFed’s Collins says economy will slow but a ‘significant downturn’ is avoidable
The fact that the Federal Reserve needs to slow demand in order to transition the…
Read More‘They’re waiting to see if home prices fall’: Home buyers are backing out of contracts in the Sun Belt at a record rate
The tide has turned, and buyers are now backing out of deals in the Sun…
Read MoreU.S. oil benchmark extends fall below $80 on recession fears, surging dollar
Oil futures fell Monday, with the U.S. benchmark extending its decline below the $80-a-barrel threshold…
Read MoreIfo German business climate indicator falls to worst level in more than two years
Business confidence in Germany worsened considerably in September as companies turned more pessimistic due to…
Read MoreFed will try to avoid ‘deep, deep pain’ for U.S. economy, Bostic says
The Federal Reserve is trying to engineer an economic slowdown to try to bring inflation…
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