recession Archives - Global Banking Monitor

UK Economy Shrinks, Escalating Risk of Recession

The UK economy unexpectedly shrank in the third quarter, raising the possibility that Britain is already in a recession and fueling bets on the...

Optimistic Outlook: Global Banks Foresee No Recession, While US Companies Exercise Caution

Heading into 2024, analysts say the U.S. recession they’d been forecasting for two years isn’t coming anymore. Everyone else, from companies to investors, is...

Recession Confirmed: Bank of Finland and Finance Ministry Align on Economic Downturn

The Bank of Finland and the Ministry of Finance have confirmed that the nation is currently in a recession. Both authorities have defined the decline...

Bank of America Issues Early Warning of Mild Recession at Year’s Start

Back in January, Bank of America was one of many investment banks that believed the U.S. economy was barreling toward recession. With the Federal...

Global Economy Analysis Indicates Likelihood of Euro-Area Recession

A recession in the euro area is looking increasingly likely as the economic downturn persists in the final quarter of the year, private-sector activity...

Germany Nearing Recession, Warns Destatis

Germany's economy is on the brink of recession as the country's gross domestic product (GDP) in the third quarter (Q3) of 2023 declined by...

Insights from Bank of America: 5 Key Indicators for an Approaching Recession

So far, the US economy has staved off a recession, but Wall Street remains mixed on its outlook for the year ahead. Bank of...

US Bond Traders Increase Recession Bets Amidst Economic Stumbles

Treasury investors are turning increasingly skeptical the Federal Reserve will deliver a soft landing for the US economy next year, elevating concern of a...

High-Risk Loans Make a Comeback as Recession Risk Recedes

It’s hard to pass up a good rally in US leveraged finance markets, particularly if you’re a bank with a bunch of debt that’s...

JPMorgan Reverses US Recession Call in Light of Growing Optimism

JPMorgan Chase & Co. economists scrapped their call for a recession in the US, joining a growing number of forecasters who now expect the...

CEO of Bank of America Reverses Recession Call Citing Robust Jobs and Spending

Bank of America Corp. Chief Executive Officer Brian Moynihan said the firm reversed its prediction for a recession in coming months because of strength...

Former Bank of England Chief Suggests Recession as a Solution to Tackle Inflation

The Bank of England will need to force Britain into recession to bring inflation back down to its 2pc target, a former member of...

Minneapolis Fed Chief Kashkari Optimistic About US Economy Avoiding Recession Amid Continuing Inflation Fight

The odds of the U.S. avoiding a deep recession and achieving a "soft landing" are rising as the Federal Reserve tries to bring down...

America’s Recession Avoidance Credit Goes to Corporate Sector, Says Top Strategist

Albert Edwards is known for lamenting “Greedflation.” The veteran strategist at the French investment bank Société Générale argued in a series of research notes...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: recession