Three Signs US Could Be Heading for a Recession

While some experts expect the economy to make a soft landing in 2024, Gary Shilling said it's more likely the country will enter a recession. Read More

Forbes Daily: Has The Economy Reached The Fed’s ‘Goldilocks’ Goal?

chief global strategist for LPL Financial. Sure, it’s nothing compared to the roaring-back-to-life post-pandemic economy of 2021 and 2022, but it’s also far from the recession many economists ... Read More

The US is dealing with a rare bifurcation of the economy, and it's raising the odds of recession, Piper Sandler chief economist says

Big companies are weathering high interest rates. Consumers, meanwhile, are facing rising debt as inflation eats into wage gains. Read More

Savings Rates Forecast 2024: How High Will Rates Go In 2024?

Her work has been featured by U.S. News, Chime, SuperMoney ... But the Fed’s efforts to throttle inflation tipped the economy into a recession. Today’s savings rates are down compared to ... Read More

CD Interest Rates Forecast: Will CD Rates Go Up In 2024?

Her work has been featured by U.S. News, Chime ... many Americans believed we were headed for a recession, but current opinions among economic pundits are decidedly mixed. The Federal Reserve ... Read More

What is a recession? The economic concept explained. What causes and happens during one.

A recession is "a contraction in economic activity," according to experts. During a recession, there is a range of decline spread across the economy. Read More

World economy to skirt recession but growth too low, German government sources say

BERLIN (Reuters) – The danger of a global recession has largely been averted but growth will be meagre, German government sources said, referring to International Monetary Fund forecasts that will be ... Read More

Australian Inflation Rate: RBA Eyes Unemployment Rate

Editorial note: Forbes Advisor Australia ... warns Australia may fall into recession. “There are already increasing signs that the economy is weakening,” she said. “The impact of rate ... Read More

UK economy stages remarkable recovery post-recession

The UK economy is picking up speed faster than anyone expected, kicking off the second quarter with the strongest growth private sector firms have seen in ... Read More

Recession unlikely for global economy but challenges linger on

THE global macroeconomic picture is still more ... 2023 (1H23), although it remains a stretch to say the world is heading for a recession. A quick glance across the Causeway to Singapore sees ... Read More

Interest Rates & Inflation: Prices Down 3.2% In March Thanks To Cheaper Food

20 March: Fed Holds Rates Ahead Of Bank Rate Announcement UK annual inflation fell by more than expected to 3.4% in February this year, its lowest since autumn 2021 and down from the 4% where it ... Read More

Prime Rate History In Canada

Inflation reached 12.7% in December 1974 and the economy entered into a recession. The prime rate ... rate mortgage peaked at 21.5%. The good news: inflation was no longer out of control. Read More