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Trump Aides Raise Recession Fears, and Point Fingers at the Fed

Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts. Read More
After recession fears in 2022, U.S. economy kept growing
The U.S. economy shrank over the first six months of 2022, amplifying predictions of a coming recession. It never happened, and growth in 2023 beat expectations. Read More
US economy at risk of wobble as lower-income consumers get squeezed

The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential ... Read More
US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears
The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight ... Read More
Is US Economy Facing Recession? What US Treasury Secretary Scott Bessent Said
US Treasury Secretary Scott Bessent said parts of the US economy, especially the housing sector, are already in recession due to high interest rates. He urged the Federal Reserve to speed up rate cuts ... Read More
Recession fears fuel sell-off in global stocks

The DAX, Germany's main stock index, fell by 10 percent on Monday, reflecting fears of a global economic slump due to US tariffs. Analysts are concerned, particularly about the vulnerability of bank ... Read More
‘Premature’ to conclude that Trump’s tariffs haven’t hit the global economy, the IMF says

Higher US tariffs have so far had a smaller impact globally than expected, but it would be “premature and incorrect” to conclude they have had no effect on economic growth, the International Monetary ... Read More
Trade Tensions Weigh on IMF’s Outlook for Global Economy

Fed Chair Jerome Powell was speaking in Philadelphia before the National Association of Business Economics. Photo: Hannah Beier/Bloomberg News Tariffs, inflation and other threats such as eroding ... Read More
Forget recession, world economy is being run 'hot'

LONDON, Oct 7 (Reuters) - The world's richest countries seem prepared to run their economies hot, leaving money and budget policies loose despite elevated inflation and mountainous debt piles. Stocks ... Read More
Indian economy not immune to global challenges, but resilient, cenbank report says

MUMBAI, Oct 20 (Reuters) - Flux in the global economy presents considerable challenges to the global macroeconomic outlook and the Indian economy is not immune, the central bank said in its monthly ... Read More
Baba Vanga’s 'cash crush' warning sparks fears of global recession in 2026

Although 2025 has two months left, talk has turned to what is in store for 2026. For those who believe in Baba Vanga, the outlook seems grim. The blind Bulgarian prophetess, often referred to as ... Read More
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