Recession Financial News
10.08 / 13:29
Federal Reserve
Interest rates
IMF
VIX
Recession
Investment trusts
Global
Ruffer
Ruffer: Economy 'incapable' of enduring interest rates over 5%
Duncan MacIness (pictured) co-manages the Ruffer Investment Company alongside Jasmine Yeo.
04.08 / 14:41
Recession
Canada economy
What is a ‘richcession’? And will it spare the economy from a full-blown downturn?
Forecasters have had an eye out for a recession for months, but it has yet to happen as the Canadian economy has proven resilient in the face of high inflation and rising interest rates.
29.07 / 08:21
inflation
interest rate
Bank of Canada
Recession
Canada economy
GDP
Economy hit ‘sharp reversal’ in June. What this means for the Bank of Canada
Canada’s economy kept growing in May, but early signs of a long-awaited slowdown started to appear in June, according to Statistics Canada.
25.07 / 08:41
economics
UK
Recession
recession worries
Weakest rise in UK private sector output for six months 'reignites recession worries'
The degree of positive sentiment regarding growth prospects among businesses for the year ahead is now the weakest since December 2022.
20.07 / 10:53
economy
economics
Federal Reserve
Bank of America
Recession
Commodities
Global fund managers remain bearish despite bets on a soft landing
Long Big Tech was the most crowded trade in July (59%).
13.07 / 14:17
economics
UK
Recession
COVID
National Debt
OBR
OBR warns of 'significant' risks to public finances
The OBR has warned that the UK’s national debt could hit 300% of GDP by the 2070s.
12.07 / 09:31
inflation
Bank of England
UK
Interest rates
Credit Suisse
Recession
BoE stress test shows UK banks are 'resilient' to 'severe' scenarios
The findings come after the collapse of Silicon Valley Bank in the US in Q1 occurred at the same time as Credit Suisse's collapse, triggering concerns about the health of the wider banking sector.
30.06 / 10:55
Banks
Federal Reserve
Recession
U.S.
Signature Bank
Silicon Valley Bank
Would the biggest U.S. banks survive a severe recession? Fed’s ‘stress tests’ say yes
The nation’s 23 largest banks passed the Federal Reserve‘s so-called stress tests this year, a sign that the nation’s banking system remains resilient despite the recent banking crisis that led to the failure of Silicon Valley Bank, Signature Bank and First Republic Bank.
06.02 / 18:37
Recession
Bitcoin
Bloomberg Strategist: Crypto's Real Recession Has Arrived, Predicts Massive Milestone
The crypto market could be facing its “first real recession,” and milestones similar to the invention of Bitcoin (BTC) cannot be ruled out, a well-known Bloomberg strategist has predicted.
28.07 / 12:43
business
economy
inflation
Recession
What do shrinkflation, skimpflation and stagflation mean and are they worse than inflation?
Have you been out to your favourite restaurant, only to discover the food wasn’t quite as good or the portions were much smaller? Or even eating at home has become more expensive as the supermarket shop adds up?
09.06 / 14:17
economy
Recession
Slash
Fast grocery delivery apps slash jobs after COVID lockdown boom
Is the sugar rush over for cash-guzzling fast grocery delivery services? Late last month, two of the largest grocery delivery apps, Getir and Gorillas, announced plans to sack hundreds of their employees.
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