Aggregate US debt is $101.353T, or 3.45x GDP, indicating a historically high leverage that risks recession. Read why ...
The Bank of England has cut interest rates by another quarter percentage ... forecasting that the economy will skirt clear of a formal recession only by the narrowest margin in the coming months ...
If the tariffs come down as planned, Canada will suffer a trade shock on the magnitude of the Smoot-Hawley tariffs of the ...
Typically, the Federal Reserve will lower interest rates during a recession to spur growth and reduce unemployment. Because CD rates follow the federal funds rate, CD rates will usually go down ...
Recession alarm bells were ringing in the City today after the Bank of England slashed its growth forecast for this year to just 0.75%. The Bank, which today also cut its main interest rate to 4.5 ...
and it's currently in recession (it's just experienced six consecutive months of negative growth). Interest rates alone haven't caused those outcomes. The structure of Australia's economy is very ...
That all changed after the COVID-19 pandemic when you could finally park your cash in a high-yield savings account and earn a decent interest rate ... prior to the Great Recession.
Reuters / Reuters U.S. President Donald Trump’s tariffs would push Canada’s economy into a recession and cause unemployment to surge, BMO’s chief economist said in a research note, likely pushing the ...
He believes the Bank of Canada has scope to cut interest rates by at least another 50 basis points, with both fiscal and monetary stimulus limiting the severity of a recession. The loonie and peso ...
The USD/MXN exchange rate will be on the spotlight this week as investors watched the happenings in the US and Mexico. The ...
The stock market benefited from a resilient economy that avoided recession, declining interest rates, and waning inflation.
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