The Latest Breaking News from Recession

The Bank of England has increased the base rate to 3% in a bid to ease UK inflation

US jobs figures are keeping monetary policy in the spotlight after a week of outsized interest rate movements ended with more strong jobs growth, opening the way for more big hikes.

How funny it was to see traders get it wrong once again. They misread the Fed announcement at 2pm ET leading to a big 1% rally for the S&P 500 (SPY). Within minutes of Chairman Powell speaking it dawned on every body that things have not gotten better...only worse. And…

The Bank of England have announced today that the UK is facing its longest recession since the 1920s, but what does that actually mean?

The economy and a recession are at the forefront of voters’ minds as the U.S. heads into the midterm elections in a few days. Most voters think the U.S.

UK economy faces ‘very challenging outlook’ with recession now expected to last until middle of 2024

While the pandemic brought massive growth opportunities for the fintech industry as digital transactions skyrocketed, the current uncertain macroeconomic environment has dampened the industry’s prospects. The stock market is expected to remain under pressure amid growing fears of recession. Therefore, it could be wise for investors to avoid fundamentally weak…

‘Everyone will be affected’: Hike in housing costs and increased inflation to hit hard

Cutting during a recession has been long discredited, says Guardian columnist Polly Toynbee