The Latest Breaking News from Recession

The price of taming the fastest inflation in four decades will cause "some pain" for the world's biggest economy. But can the Fed hold its rate path if the economy slips into recession?

Washington (AFP) - The Federal Reserve opened its second day of deliberations Wednesday that are expected to produce another big increase in interest rates as it tries to cool the economy to tamp down the highest inflation in 40 years, but recession fears are rising.

The world is facing the risk that major central banks will undertake competitive interest-rate hikes that may look desirable for their countries individually but could drag the world economy into an unnecessary recession.

The Fed succeeding in a ‘soft landing’ seems unlikely. Analysts are expecting a recession soon. So, with the rising odds of the Fed raising rates aggressively, it could be wise to steer clear of fundamentally weak stocks Roblox (RBLX) and Affirm Holdings (AFRM). Read on….

With inflation far from Fed’s control, analysts predict the possibility of the central bank continuing its aggressive interest rate hikes. Amid the rising recession fears and continued market uncertainty, we think fundamentally weak stocks Twitter (TWTR), GameStop (GME), and Opendoor Technologies (OPEN) are best avoided now. Keep reading….

The Fed’s continued monetary policy tightening and consequent recession fears are expected to keep the stock market under pressure in the upcoming months. However, bullish traders could keep paying with fundamentally strong stocks The Coca-Cola Company (KO), AbbVie (ABBV), and Merck & Co. (MRK). Read more….

The stubbornly high inflation strengthens the case for the Fed to maintain its aggressive interest rate hikes, fostering recession fears among investors. This is expected to keep the market under pressure in the near term. Therefore, investors looking to plan for their retirement may consider investing in fundamentally sound stocks…

The stubbornly high inflation is raising the odds of the Fed launching another significant rate hike this week. Additionally, amid the growing recession fears, several companies are planning layoffs. Given such economic uncertainties, we think investors should avoid buying fundamentally weak stocks, Shopify (SHOP), Snap (SNAP), Robinhood Markets (HOOD), and…

Hong Kong (AFP) - Asian markets enjoyed a much-needed bounce Tuesday, tracking Wall Street's late rally as investors gird themselves for another big Federal Reserve interest rate hike this week, though fears of a recession remain elevated.