The Latest Breaking News from Recession

Kiatnakin Phatra Financial Group, a holding company of Kiatnakin Phatra Bank (KKP), aims to slow down total loan growth for this year to handle the higher risk of rising financial costs and the global recession.

Looming recession fears, the Federal Reserve’s persistent monetary tightening plans, and stubbornly high inflation continue to impact investor sentiment. Hence, it could be wise to add fundamentally sound stocks Pfizer (PFE), Rio Tinto (RIO), and Lockheed Martin (LMT) to beat the market fluctuations this year. Continue reading….

With market volatility and fears of an impending recession weighing heavily on investors’ decisions, beverage companies could be worth taking a shot on as they enjoy nearly inelastic demand, helping them generate steady profits. To that end, investors could look to buy fundamentally strong beverage stocks, Coca-Cola (KO), PepsiCo (PEP),…

American consumers are kicking off 2023 slightly less confident than they were at the end of last year as inflation and a potential recession continue to weigh on them

Figures for England and Wales likely to worsen as UK goes into recession, say analysts

Although inflation has cooled down over the past few months, the Fed intends to keep raising interest rates until inflation falls to its desired level. This is expected to push the economy into a recession. Investors looking to stabilize their portfolios against potential market volatility might look to add large-cap…

In an increasingly divided world where countries are moving away from global supply chains, there’s a pressing need to continue strengthening international cooperation to address challenges such as recession risks and climate change

Britain is the only G7 economy forecast to shrink in 2023, the IMF says, as higher energy prices, rising mortgage costs and increased taxes hit growth.

"2023 could be the year of turning points, with growth bottoming out and inflation decreasing," IMF chief economist says.

Britain's economy will slam into reverse this year as the cost-of-living crisis hits households hard, the International Monetary Fund warns

The consumer goods industry tends to perform relatively well amid market downturns due to inelastic demand for its products. So, with a recession lurking around the corner, fundamentally strong consumer goods stocks Unilever (UL), Colgate-Palmolive (CL), and Ennis (EBF) that pay stable dividends might be ideal buys now. Keep reading.