The Latest Breaking News from Recession

Central banks on both sides of the Atlantic kept their main interest rates unchanged for the fourth successive month in December 2023. These rates are closely watched because they set the minimum interest at which your bank borrows and lends. This determines the cost of credit for all firms and…

The biggest global investors are betting on a soft landing (no recession) next year as Fed rate cuts and a resilient economy help boost corporate profits.

It was the most painful inflation Americans had experienced since 1981, when “The Dukes of Hazzard” and “The Jeffersons” were topping the TV charts

But the continued strength of the economy may encourage the Bank of England to keep interest rates higher for longer

A heated discourse on the current economy under the Biden administration, addressing issues like rising prices, unemployment, and the struggles faced by yo...

As I waltz my thoughts across the financial dance floor of Argentina, it becomes painstakingly evident that their economy may have been dipping its toes in the murky waters of a recession. Like a Tango, fraught with improvised moves and uncertain steps, the Argentine economy is said to be dancing…

Fed plans for a decisive rate hike, aiming to avoid recession. The decision, promising rate cuts, leads Dow to a record high, hinting economic relief.

The Bank of England has held interest rates at 5.25 per cent for the third consecutive time

Bank of England expected to keep rates at 5.25% on Thursday but abandon current strategy next year