The Latest Breaking News from Recession

There are many indicators that the country is headed for a recession

Jerome Powell delivered a tough message at the start of a news conference Wednesday: Inflation is way too high, and the Federal Reserve is laser-focused on taming it with higher borrowing costs

Forecasting a peak in inflation to 7.75 per cent by the year's end, the Treasurer says Australians must brace to take some "tough medicine" if the nation is to escape a recession.

The U.S. Federal Reserve hiked its benchmark interest rate by a further three-quarters of a percentage point on July 27, 2022.

Thursday: Treasurer trims economic growth prediction amid warnings the world is ‘on the edge’ of global recession. Plus: a deep dive into colonic irrigation clinics

Investors’ concerns over the Fed’s hawkish stance to lessen the inflationary pressure and rising odds of the economy tipping into a recession have kept the stock market highly volatile of late. While the market downturn creates attractive buying opportunities, avoiding fundamentally weak stocks, The Walt Disney (DIS) and Sea (SE)…

Concerns over the Fed’s aggressive interest rate hikes and growing odds of the economy sliding into a recession are expected to keep the stock market highly volatile in the upcoming months. Amid these volatile market conditions, it could be wise to invest in high dividend-yielding stocks Texas Instruments (TXN), Visa…

Concerns over high inflation and the potential rate hikes are stoking recession fears and driving immense market volatility. So, dividend-paying stocks Coca-Cola (KO), Keurig Dr Pepper (KDP), Ennis (EBF), Constellation Brands (STZ), and Casey's General Stores (CASY) could be ideal picks now for ensuring a steady income stream. Read more….

The move is intended to curb inflation though previous increases this year have had little effect so far

A series of rate hikes, intended to bring down inflation, have increased the risk the United States will fall into recession.

For 14 years, the federal funds rate has hovered around zero. The Federal Reserve or “Fed” maintained these low rates to stimulate the economy during two steep market downturns: the 2008 Great Recession and the 2020 COVID-19 pandemic sell-off.