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What exactly is a recession? Economists say odds of one in the US are 'very high.'
The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is spread across the economy, lasting more than a few months.” Three criteria – depth, diffusion, and duration – need to be met individually to some degree to formally identify a recession, according to the NBER.
Lawrence Summers, the Treasury secretary during President Bill Clinton’s term, told Bloomberg on Tuesday it’s “more likely ...
Alongside heightened expectations for a downturn in the US economy, the probability of a 25 basis points (bps) Fed rate cut ...
Trump’s sharp tariff hikes have roiled the stock markets, and raised alarm among Wall Street executives and economists.
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Trump Slaps 104% Tariff On China As Markets Resume Freefall, Recession Fears GrowPresident Donald Trump will place a jarring 104% tariff on Chinese goods, wiping out gains on Wall Street after three chaotic ...
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Goldman Sachs and JPMorgan economists said this weekend their baseline forecast under Trump's tariffs is for a recession.
The rising likelihood of a tariff-induced U.S. recession is producing troubling responses almost everywhere one looks right now. Leveraged investors have been forced into liquidations starting last ...
Fed warns of 'highly uncertain outlook' as JPMorgan and other analysts increase recession odds in response to Trump's tariff ...
An observable increase in crypto-based predictions markets suggests there may be more than a small chance of a U.S. recession ...
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