Wait it out, or cause a recession
Want to bring down inflation? The great dilemma is this: The only real options are to be patient, or cause a recession. why it matters: … Read more
recession
U.S. economy grew 5.7 percent in 2021 in rebound from 2020 recession
What’s more, the Federal Reserve made clear Wednesday that it plans to raise interest rates multiple times this year to battle the hottest inflation in … Read more
Bank of England to weigh up next move as double-dip recession looms
The Bank of England is set to make an important decision this Thursday on whether to take further action as the UK is on the … Read more
UK could enter double-dip recession following third lockdown
Britain could enter a double-dip recession after third national lockdown. A “conspicuously depressed” end of 2020 puts the country on track for economic decline in … Read more
Fed sees less severe recession this year on vaccine hopes
US Federal Reserve officials said Wednesday they expect the US economy to contract 2.4 percent this year. This is a smaller decrease backed by positive … Read more
The UK is heading for a double-dip recession, according to early data
The UK private sector turned around in November when the national lockdown in England ended the four-month expansion, according to new data. The closely tracked … Read more
‘Not just a low-wage recession’: White-collar workers feel coronavirus squeeze
For low-wage workers who have lost their jobs, “their situation is clearly much more desperate,” she said. “But that doesn’t mean the pain isn’t still … Read more
UK recession 2020 – what it means and how it will affect you and your finances
The UK has fallen into the largest recession on record, it was announced today. This is the first time we have gone into recession in … Read more
Britain set for furlough jobs crisis after plunging into recession
The UK will be officially declared in recession for the first time since the financial crisis on Wednesday, when figures show the pandemic plunged the … Read more
UK set for furlough jobs crisis after plunging into recession
Britain will be officially declared in recession for the first time since the financial crisis on Wednesday when figures are set to show the pandemic … Read more
