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The U.S. Federal Reserve’s policy-making committee saw much less risk of recession at its most recent meeting in December, when it kept interest rates steady after three straight cuts and signalled that it expected to keep low rates unchanged through this year. CBC | World News
Read More »Tag Archives: recession
Pound US dollar exchange rate: GBP/USD rallies as UK avoids recession
The pound rose against the dollar today as the UK avoided falling into recession during the third quarter, leaving the pairing trading at around $ 1.287. Sterling was provided with an upswing of support after the Office for National Statistics revealed the UK had escaped falling into a recession during the third quarter, although the rebound in Q3 growth was ...
Read More »Hong Kong enters recession as economy shrinks amid protests
Hong Kong’s economy shrank 3.2 per cent from the July-September period from the previous quarter, pushing the city into a technical recession, the government says. CBC | World News
Read More »Global recession FEAR: Economists feel ‘chill in the air’ over big four global economies
ECONOMISTS have warned of a ‘chill in the air’ as the International Monetary Fund warned global growth is falling to its slowest rate since the financial crisis. Daily Express :: City and Business Feed
Read More »Global recession 2019: Moody’s horrifying warning – HIGH recession risk in next 12 months
THE RISK of a global recession in the next 12 to 18 months is “awfully high”, according to Moody’s Analytics’ chief economist. Daily Express :: City and Business Feed
Read More »Pound euro exchange rate: GBP/EUR eases despite Brexit recession fears being ‘put to bed’
The pound euro exchange rate eased today, with the pairing currently trading around €1.109 after the UK’s growth figure for August fell from 0.4 percent to 0.1 percent. John Hawksworth, the Chief Economist at PwC, said that today’s figures had “put to bed” fears for a recession in the third quarter of 2019, but urged caution, warning of a problematic ...
Read More »Pound euro exchange rate: GBP/EUR eases despite Brexit recession fears being ‘put to bed’
The pound euro exchange rate eased today, with the pairing currently trading around €1.109 after the UK’s growth figure for August fell from 0.4 percent to 0.1 percent. John Hawksworth, the Chief Economist at PwC, said that today’s figures had “put to bed” fears for a recession in the third quarter of 2019, but urged caution, warning of a problematic ...
Read More »Pound Euro exchange rate: GBP/EUR left flat as German economy in ‘midst of a recession’
This afternoon, the pound remains muted against the euro, with the pairing currently trading at around €1.121. The single currency was left flat against the pound today on further signs that the bloc’s largest economy is falling into a technical recession. Daily Express :: City and Business Feed
Read More »Global recession fears: £95BILLION wiped off FTSE hitting savers’ pension investments
THE FTSE 100 showed signs of recovery today but is still heading for its worst week in 20 months amid fears of economic slowdown and recession. Daily Express :: Finance Feed
Read More »Global recession fears: £95BILLION wiped off FTSE hitting savers’ pension investments
THE FTSE 100 showed signs of recovery today but is still heading for its worst week in 20 months amid fears of economic slowdown and recession. Daily Express :: City and Business Feed
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