Forecasters say a recession could begin as soon as the current quarter. High interest rates and inflation are starting to curtail growth.
Economy Grew 1.1% In First Quarter But A Recession Could Begin Soon As High Rates Bite
USA TODAY, USA Today: Movies
Thu, 04/27/2023 - 9:32am
BING NEWS:
- A stock correction looms as recession fears will resurface in 2025, Wall Street strategist Jim Paulsen says
"Even though I don't think we're going to have a recession, but I think we're going to be worried about it again," Paulsen said.
12/31/2024 - 5:18 am | View Link - Economic Forecast For 2025 And Beyond: Growth With Continued Inflation
The economy will grow but at a slower pace than 2024. Inflation will remain above the Fed's target, with Trump’s policies limiting production while stimulating spending.
12/29/2024 - 7:30 pm | View Link - The probability of a US recession in 2025 is 0%, according to a top economist. Here's what to worry about instead.
Perhaps the biggest risk to the stock market in 2025, Torsten Sløk says, is that a rebound in inflation will spark the Fed to raise interest rates.
12/23/2024 - 2:44 am | View Link - GDP grew at 3.1% rate in third quarter, final revision shows
The economy grew at a 3.1% annual rate in the third quarter of this year, adjusted for inflation, just over the 3% rate the quarter before, the Bureau of Economic Analysis reported Thursday morning in ...
12/19/2024 - 12:32 am | View Link - Federal Reserve Cuts Interest Rates by Quarter-Point
The Fed's 19 policymakers projected that the central bank will cut interest rates by a quarter-point only twice next year, down from their September estimate of four rate cuts in 2025. This caused U.S ...
12/18/2024 - 5:06 am | View Link - More
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