Tagged: Recession

Signals Point to Gentler Federal Reserve in 2023

Signals Point to Gentler Federal Reserve in 2023

Banking & Finance

The Fed's goal in raising interest rates has been to fight inflation by making borrowing more difficult and to slow economic growth. The strategy, though, hurts investment prices and risks slowing the economy too much and causing a recession. read more >

World Bank: Recession a Looming Threat for Global Economy

World Bank: Recession a Looming Threat for Global Economy

Banking & Finance

Though the United States might avoid a recession this year — the World Bank predicts the U.S. economy will eke out growth of 0.5% — global weakness will likely pose another headwind for America's businesses and consumers, on top of high prices and more expensive borrowing rates. read more >