Forecasters say a recession could begin as soon as the current quarter. High interest rates and inflation are starting to curtail growth.
Similar Stories to Economy Grew 1.1% In First Quarter But A Recession Could Begin Soon As High Rates Bite on Bing News
USA TODAY, USA Today: Money
Thu, 04/27/2023 - 9:32am
BING NEWS:
- Turkey’s Economy Tumbles Into Recession as Central Bank Tightening Takes Effect
Gross domestic product shrank by 0.2% between July and September, matching the contraction of the prior quarter, with economic activity squeezed by high interest rates as the country’s central bank ...
11/28/2024 - 7:50 pm | View Link - Turkish economy grew 2.1% in Q3, less than expected, as policy weighs
Turkey's economy grew less than expected in the third quarter, expanding at an annual 2.1% rate, official data showed on Friday. Third-quarter gross domestic product (GDP) dipped 0.2% from the ...
11/28/2024 - 6:51 pm | View Link - Turkey Economy Slides Into Recession Ahead of Rates Decision
Economists in a Bloomberg survey were expecting annual growth of 2.5%. Gross domestic product shrank 0.2% quarter on quarter, unchanged from the revised figure in previous period, Turkey’s state ...
11/28/2024 - 6:04 pm | View Link - GDP grew at 2.8% rate in third quarter, revision shows
The economy grew at a 2.8% annual rate in the third quarter of this year, just under the 3% rate the quarter before, the Bureau of Economic Analysis reported Wednesday morning in a second estimate of ...
11/27/2024 - 6:53 am | View Link - The economy grew 2.8% in the third quarter. How it could affect Fed interest rates
The economy grew solidly again in the third quarter, bolstering the belief that the U.S. can dodge a recession and ... Despite high inflation and interest rates in the past few years, the economy ...
10/30/2024 - 1:47 am | View Link - More
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