Economy News A Hard Landing Recession Is Guaranteed As The Full Impact Of Fed Rate Hikes Have Yet To Hit The Economy, Morgan Stanley S Chief Economist Says

The next recession is coming — and this time, you’re the collateral

Treasury Secretary Scott Bessent has warned that the U.S. economy is showing signs of strain, and that if the Federal Reserve doesn’t cut rates soon, the pain could spread quickly, leading ... Read More

U.K. Economy Faces Rising Risk Of a ‘Hard Landing,’ Says BOE’s Taylor

There is a small but growing possibility that the U.K. economy is heading for recession, thanks in part to overly high borrowing costs, a Bank of England rate-setter said Tuesday. In a speech at ... Read More

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

Recession fears mount as Fed says more rate cuts could follow hiring slowdown

A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this year. Read More

Reopening government could avert recession, but risks remain, economists say

The reopening of the government would avert a recession that may have come in the event of a prolonged shutdown lasting weeks or months longer, analysts told ABC News. Read More

The unprecedented government shutdown will weigh on a US economy already under stress

The six-week government shutdown that came to an end late Wednesday will be another drag on an economy already facing many challenges, though the full impact will take months to measure ... Read More

U.K. Economy Faces Rising Risk Of a 'Hard Landing,' Says BOE's Taylor — Update

There is a small but growing possibility that the U.K. economy is heading for recession, thanks in part to overly high borrowing costs, a Bank of England rate-setter said Tuesday. In a speech at ... Read More

Recession fears mount as Fed says more rate cuts could follow hiring slowdown

This is read by an automated voice. Please report any issues or inconsistencies here. A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said ... Read More