Recession

The S&P 500 just suffered its worst April performance since 1970, plunging into its second correction of the year — now, many experts are lowering their projection for the index this year.

Texas Rep. Troy Nehls, a Republican, warned that America is likely headed into an economic recession as the latest GDP numbers illustrated a 1.4% contraction.

With the Federal Reserve taking an increasingly hawkish approach to tackling the hottest inflation in 40 years, an increasing number of Wall Street banks are forecasting an economic recession in coming years.

A growing number of Wall Street banks are forecasting an economic recession in coming years as a result of the Russian war in Ukraine, red-hot inflation and an increasingly hawkish Federal Reserve.

Deutsche Bank economists are doubling down on their prediction, forecasting a severe recession within the next two years as the Federal Reserve moves to tame the hottest inflation in four decades with a series of mega interest rate hikes.

Harvard University professor Kenneth Rogoff said that a contraction in the U.S. economy in the first quarter is “shocking.”

Bank of America CEO Brian Moynihan revealed whether he believes a recession in the United States is imminent.

A Bank of America gauge that tracks truckload demand fell for the fourth consecutive month to its lowest level since June 2020, near recession levels.

Economist Nancy Lazar warned on Monday that the world is in the early stages of a “very significant” recession.

More and more economists are beginning to forecast a U.S. recession in the next two years as the Federal Reserve moves to rein in the hottest inflation in a decade – including one who is frequently cited by the Biden administration.

The Federal Reserve may inadvertently trigger an economic recession next year as it moves to tame the hottest inflation in four decades, according to Goldman Sachs economists.

The U.S. economic outlook is dimming and a downturn could be on the horizon as the Federal Reserve moves to tame the hottest inflation in four decades, according to Fannie Mae economists.

The World Bank cut its forecast for global economic growth this year as a result of the Russian war in Ukraine and is preparing a $170 billion aid package for struggling nations.

The U.S. economic outlook is darkening so rapidly that a recession may be on the horizon as the Federal Reserve makes an aggressive pivot to tame the hottest inflation in four decades, according to economists at Bank of America.

An economic recession is on the horizon in the U.S. as the Federal Reserve makes an aggressive pivot to cool the hottest inflation in four decades, according to economists at Deutsche Bank.

A closely watched recession predictor in the bond market just flashed red, spurring fresh concern that the U.S. economy is on track for a downturn this year.

One of Wall Street’s favorite indicators of an impending recession is flashing red, sparking fresh concern that the U.S. economy is on track for a downturn this year.

Former Chase chief economist Anthony Chan discusses the probability of a recession in 2022.

Federal Reserve Chairman Jerome Powell said Monday the central bank is prepared to more aggressively raise interest rates if policymakers conclude that doing so is warranted to curb inflation.

Goldman Sachs economists warned the probability of the U.S. economy plunging into a recession in the next year has risen dramatically in the wake of the Russia-Ukraine war.