You Searched For "world bank recession" and got 16 results
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2 mins read
Global economy dangerously close to a recession: World Bank
"We've lowered our 2023 growth forecast from 3 per cent to 1.9 per cent for the global growth, t…
3 mins read
Recession 'will be hard to avoid' across most of the world, World Bank says
The World Bank lowered its 2022 growth forecast on Tuesday to 2.9%, down from the 4.1% estimate mad…
Ben Winck
2 mins read
There's a 50% chance of a global recession as central banks hike rates to curb inflation, says Deutsche Bank chief
"At least I would say we have 50% likelihood of a recession globally," Christian Sewing told Bloomb…
Phil Rosen
2 mins read
'Dr. Doom' Nouriel Roubini says the world economy is headed for a 'tropical storm' that will cause significant financial damage
Even a shallow recession could wreak havoc on stock prices, "Dr. Doom" economist Nouriel Roubini wa…
Jennifer Sor
2 mins read
World Bank warns a global recession looks inevitable as food and energy prices spiral
"It's hard right now to see how we avoid a recession," World Bank's David Malpass said, given the U…
George Glover
1 min read
JPMorgan boss Jamie Dimon says recession risks have increased after the bank crisis and there are more storm clouds ahead for the US economy
The JPMorgan chief says the US economy is facing headwinds from higher inflation, Fed tightening, a…
Morgan Chittum
2 mins read
Here's why history's most reliable recession indicator no longer works
Banks' high level of cash reserves means they are less reliant on borrowing for the short term to f…
Matthew Fox
2 mins read
Russia's invasion is already hobbling the global economic recovery from the pandemic, World Bank says
The World Bank slashed its forecast for global growth in 2022 to 3.2% on Monday, forecasting a rebo…
Ben Winck
5 mins read
Central banks around the world are willing to risk recession to fight inflation — and early signs suggest widespread pain for everyone, everywhere
More than 80 central banks are raising interest rates to cool inflation. The synchronized effort co…
Ben Winck
2 mins read
Goldman Sachs says that every one of its private equity clients is preparing for recession
It's a stark warning that a recession could be looming. However, Goldman's own economists aren't an…
Yusuf Khan
1 min read
Citi says oil should be around $70 as demand drops and recession looms
Citi cut oil demand expectations by 1.4 million barrels for this year as fears of a recession took …
Hamza Fareed Malik
2 mins read
Recession risks have soared because the banking fiasco could trigger a credit crunch, Pimco says
"Recent events will likely lead to a mild recession in the case of the US," Pimco strategists said …
George Glover
2 mins read
This is not a recession, but just a long government-dictated public holiday
The real test for the economy will be after it has re-opened fully.
Bilal Hafeez, MicroHive
2 mins read
A recession will unfold this summer and last through the middle of 2024, Evercore chairman says
"I've never forecast a recession this far in advance," Evercore chairman Ed Hyman said.
Jennifer Sor
3 mins read
Here's how bitcoin's latest surge could be indirectly signaling that recession fears are hitting a fever pitch
The recent trade-war escalation and the acute slowdown in the Euro economy have only exacerbated th…
Akin Oyedele
1 min read
The US is on track for its first 'policy-led boom-bust cycle' in four decades - with a recession setting in by year-end, Deutsche Bank says
Deutsche Bank's top researchers also said they expect a coming recession to be "milder" but inevita…