Tag: recession
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Federal Reserve On Cusp Of What Some Thought Impossible: Defeating Inflation Without Steep Recession
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WASHINGTON (AP) — It was the most painful inflation Americans had experienced since 1981, when “The Dukes of Hazzard” and “The Jeffersons” were topping the TV charts. Yet the Federal Reserve now seems on the verge of defeating it — and without the surge in unemployment and the deep recession that many economists had predicted…
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Federal Reserve on cusp of what some thought impossible: Defeating inflation without steep recession
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WASHINGTON — It was the most painful inflation Americans had experienced since 1981, when “The Dukes of Hazzard” and “The Jeffersons” were topping the TV charts. Yet the Federal Reserve now seems on the verge of defeating it — and without the surge in unemployment and the deep recession that many economists had predicted would…
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We’re leaning more towards a mild recession instead of a soft landing: JPMorgan’s Michael Feroli
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Michael Feroli, JPMorgan chief U.S. economist, joins ‘Squawk on the Street’ to discuss whether the economy has seen the end of the soft landing story, how much worse it’ll get in the real estate sector, and more. 03:49 Wed, Oct 4 202311:21…
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China is trying to lend itself out of a recession
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Although not yet in an official recession, China’s economy is in trouble. The country’s real estate sector is in crisis and makes up an outsized share of the country’s gross domestic product (GDP). Not only did China build too much housing, but Chinese consumers are saddled with large amounts of mortgage debt that they initially…
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Why Did Economic Forecasters Get Their Recession Call Wrong?
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Last October, the Wall Street Journal published a survey of more than sixty economic forecasters from universities, businesses, and Wall Street. Citing the results of the survey, the Journal reported that the United States was “forecast to enter a recession in the coming 12 months as the Federal Reserve battles to bring down persistently high…
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What a recession could mean for gold prices
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If you’re concerned about how to navigate investing with a coming recession, gold may be able to help. Getty Images/iStockphoto Through ongoing federal interest rate hikes and inflated prices for everyday goods, many Americans have been concerned about the likelihood of a recession. They’re not the only ones — the Federal Reserve itself has signaled…
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From pandemic panic to recession rebound: Austin is discombobulated, not dethroned, as a notable city of the future
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Last year the “Future of Cities” scholar, Richard Florida, took to Twitter to share a Bloomberg quick take on the affordability crisis in Texas’ state capitol. “It’s only just begun in Austin…” he remarked, ominously. Since that time, our fair city’s red hot real estate market has so far survived the Ice Bucket Challenge, but…
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What is a ‘rolling recession’ and are we in one? Experts explain
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By most measures, the U.S. economy is in solid shape. Although the first half of 2022 started off with negative growth, a strong labor market and resilient consumer helped turn things around and give hope for the year ahead. related investing news Gross domestic product, which tracks the overall health of the economy, rose more…
