recession – Page 2 – Asian Lite USA

Most EU countries will be in recession in fourth quarter

by Newsdesk-Top News EU News12 November 202212 November 2022

The forecast projects real GDP growth in both the EU and euro area at 0.3 per cent — well below the 1.5 per cent and 1.4 per cent expected in…

US will narrowly avoid recession: IMF chief

by Newsdesk-Top News Economy USA25 June 202225 June 2022

IMF chief Kristalina Georgieva highlighted “significant downside risks” this year and especially in 2023, reports Asian Lite News International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that there is…

US Fed chair admits recession ‘certainly a possibility’

by Newsdesk-Top News USA23 June 202223 June 2022

With inflation well above the Fed’s longer-run goal of 2 per cent and an extremely tight labour market, the Fed raised the target range for the federal funds rate at…