The Latest Breaking News from Recession

As I waltz my thoughts across the financial dance floor of Argentina, it becomes painstakingly evident that their economy may have been dipping its toes in the murky waters of a recession. Like a Tango, fraught with improvised moves and uncertain steps, the Argentine economy is said to be dancing…

Fed plans for a decisive rate hike, aiming to avoid recession. The decision, promising rate cuts, leads Dow to a record high, hinting economic relief.

The Bank of England has held interest rates at 5.25 per cent for the third consecutive time

Bank of England expected to keep rates at 5.25% on Thursday but abandon current strategy next year

The decline in the Eurozone area economies, notably Germany, that are in or near entering recession would, alongside high oil prices, suggest Euro weakness going forward.

The new bull market will need a dovish Fed, easing inflation and a stable bond market to endure, says Charles Schwab's chief investment strategist Liz Ann Sonders.

New Zealand's economy is again going backwards, falling by 0.3 per cent in the September 2023 quarter.

Bank of England and Niesr have not forecast a recession but October fall in GDP may suggest one is on the way

The Bank of England's Monetary Policy Committee held interest rates as expected today, with members voting 6-3 in favour of another pause.

Stormy weather partly to blame for surprise fall in output

Rachel Reeves warns that economic growth is going backwards after GDP shrinks by 0.3% in October, prompting City to predict 100bp of rate cuts in 2024