Recession

The Biden administration is trying to emphasize to voters that it's maximizing efforts to bring prices under control as inflation hovers near a 40-year high.

JPMorgan CEO Jamie Dimon ramped up his economic warning on Wednesday, predicting a coming economic "hurricane" as the Federal Reserve battles inflation.

The Federal Reserve said in a new report Wednesday that inflationary pressures, a labor shortage and supply chain bottlenecks continued to weigh on businesses.

The odds of an economic downturn in the United States over the course of the next 12 months are somewhere between 35% and 40%, according to economist Greg Daco.

Former Trump Council of Economic Advisers Chairman Kevin Hassett calls dismissing the probability of a recession a "mistake," arguing the U.S. is in one if GDP comes in negative again.

A New York Fed survey shows that most U.S. households think the high inflation environment will not fade over the next 12 months.

Tesla CEO Elon Musk claimed that the forthcoming economic recession is "actually a good thing" and a "rude awakening" for "fools" that have been receiving money "for too long."

Bank of America CEO Brian Moynihan talks the odds of a recession with FOX Business amid recession fears from the World Economic Forum in Davos, Switzerland.

Thru the Cycle President John Lonski revealed what is needed to "contain inflation," noting that he believes growth and spending is going to "slow down."

Is the economy headed for stagflation? According to the CIO of the world's largest hedge fund, Bridgewater, the answer is yes.

Ernst & Young Global Chairman and CEO Carmine Di Sibio on his outlook for the economy and a recession from the World Economic Forum in Davos, Switzerland.

The Federal Reserve's "hawkish pivot" has raised the risk of an economic recession, according to BlackRock, the world's largest asset manager.

The Federal Reserve faces a new challenge as it tries to tame inflation and cool consumer demand, without inadvertently triggering an economic recession.

A majority of investment fund managers now say they see “below-trend growth and above-trend inflation"— aka stagflation — happening this year.

The Federal Reserve is trying to slow soaring inflation and warning of a possible recession, potentially creating more problems for the Biden administration.

Calamos Investments CEO John Koudounis warned that market volatility will continue for “a long time,” but noted that the current situation presents buying opportunities.

The S&P 500 has gotten obliterated in a widespread sell-off this month, and the benchmark index is likely to drop even lower if the economy experiences a return to 1970s-style stagflation, according to Bank of America analysts.

In making the new projection, Wells Fargo noted that "consumer activity has weakened" considerably as the economy confronts new COVID-19 outbreaks and restrictions, sky-high inflation and a strong U.S. dollar, in addition to the Russian war in Ukraine and aggressive Fed monetary policy.

Expectations for future conditions were also bleak: About 60% of executives believe the economy will worsen over the next six months – a stark increase from the previous quarter, when fewer than one-quarter of respondents expected conditions to deteriorate.

Craft Ventures co-founder and general partner David Sacks warned that the U.S. is headed for a recession later this year as markets have been experiencing the "worst downturn since the dot-com crash."