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In June 2023, the New York Fed’s model — which calculates recession probabilities based on the yield spread between 10-year Treasury bonds and three-month bills — estimated a 70% chance of a ...
Typically, a recession is defined by a decline in economic activity that lasts more than a few months, the NBER says. But the U.S. economy is still chugging along, with second-quarter GDP growing ...
The CEO of the biggest US bank became the latest Wall Street boss to downplay worries that this week's volatility reflects an unhealthy economy but noted that a coming recession was still possible.
It may be impossible to predict whether a recession is coming in the next year or not, but there's still good news about the future of the market. Bear and bull figurines facing each other. Image ...
Singh explained that in order to understand the housing recession of the 1980s, thus potentially our current situation, you first need to understand that the mid- to late-1970s was a tough ...
The NBER officially calls U.S. recessions, and data from Bank of America shows why this group won't be in a rush to declare the U.S. economy in recession.
There was a time not long ago when most economists and investors were warning Americans to brace for a near-certain recession in 2023. So far, the downturn hasn't fully materialized, aided by a ...
Recession is a burning hot topic right now, but the conversation around it is rather chaotic. Like so many issues, the state of our economy has become a partisan debate, with Republican officials...