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Experts: U.S. economy humming through a soft landing, recession less likely
Economists at the top banks say the changes of a recession in 2024 and 2025 have eased as the U.S. economy works through a "soft landing" recovery. Read More
Europe’s economic problems are threatening to crush the ECB
Europe is standing on a shaky ground, and I can see the European Central Bank (ECB) is holding a hammer, but I’m not sure if it’s to fix or further crack the foundation. So central banks had their ... Read More
Last year’s recession slightly weaker than first thought, revised data show
The recession the UK entered in the latter half of 2023 was slightly less severe than first thought, the Office for National Statistics revealed on Thursday as it released revised figures. The economy ... Read More
Europe faces economic security risks from places that will truly shock you
Europe’s reliance on the U.S. for intelligence and strategic support in targeting economic sanctions has to end. The EU needs to cultivate its capacity to strike back, leveraging its significant ... Read More
What Is Going on With Europe’s Economy?
Over the course of 2023, the European economy saw close to zero growth. The continent’s two largest national economies—Germany and the U.K.—may both be in recession. Flagship European ... Read More
Wall Street forecasts are chasing the US economy higher
"The economy's momentum ... for economic growth in the first six months of this year increasing significantly since January. Wall Street economists now expect the US economy to grow at an ... Read More
The U.S. Economic Bust Continues, But A Recession Has Been Delayed
By our reckoning, during the first half of 2022, the US economy entered the bust phase of the economic ... its recession warning (it would have to move above 55 to do so), January's rise to ... Read More
The big engine that could: U.S. economy barrels ahead and puts recession forecasts in rear view
The U.S. was supposed to suffer a recession ... to show economic expansion at close to 3%. More surprisingly, inflation has subsided a lot faster than almost anyone on Wall Street or at the ... Read More
UK economy went into recession last year, data confirms
Britain's economy entered a shallow recession last year, official figures confirmed on Thursday, leaving Prime Minister Rishi Sunak with a challenge to reassure voters that the economy is safe with ... Read More
U.S. economy’s fourth-quarter growth rate downgraded to 3.2%, GDP shows. Still very strong.
What makes the recent strength even more remarkable is that it has taken place despite the sharply higher interest ... accounts for about 70% of U.S. economic activity. Overall business investment ... Read More
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