By Jonathan Levin US inflation has finally surprised markets in a positive way and traders are understandably excited that the worst of the upward price pressures may finally be behind us. However, the real turn to better days will come when inflation ceases to be generally shocking – positively or negatively – and can recede […]
Tag: global economy
Let’s not mince our words: the global recession is coming…
By Daniel Moss Ben Bernanke has never been a big fan of “labels.” In 2008, the then chairman of the Federal Reserve urged Congress not to get “stuck” in trying to define a recession. What mattered most was financial pain and financial hardship – and the study of how they came about and what to […]
You won’t like what comes after inflation…
By Eduardo Porter After curbing inflation, then what? We’ve lost sight of that particular question over the last year, caught up in the “drama” of a price spiral unseen in most of our lifetimes. But whether the Fed has crashed the economy into recession or still manages to engineer a soft landing, we are likely […]
The global economy is on the brink of recession, warns the IMF
The International Monetary Fund revised downwards its forecast for global growth again today, warning that downside risks from high inflation and the war in Ukraine could push the global economy to the brink of recession if left unchecked. Global GDP growth will slow to 3.2% in 2022 from the IMF’s previous forecast of 3.6% in […]
Nomura: Major economies in recession for the next 12 months
Most of the world’s major economies will enter recession in the next twelve months, Nomura estimates, as tightening monetary policy and rising living costs push the global economy into a synchronized growth slowdown. In particular, the Japanese brokerage expects the eurozone, UK, Japan, South Korea, Australia and Canada to enter recession alongside the US, Rob […]
IMF: Raises global economic growth bar to 3.6% over Ukraine
The International Monetary Fund (IMF) has revised its forecasts for global economic growth by almost one percentage point due to Russia’s war in Ukraine, warning that inflation is now a “clear and present threat” to many countries. ”. The war is expected to slow growth and increase inflation even further, the IMF said in its […]
Pandemic, war and price spike: What are the threats to the global economy?
Without even recovering from the Covid-19 pandemic, the world economy is again threatened by war in Ukraine and the explosion in raw material prices, giving little hope for a new beginning in 2022. Will the recovery stop before it starts? “The war came at a time when Europe and the United States were enjoying a […]
The three scenarios for the impact of the war in Ukraine on the world economy
Russia’s invasion of Ukraine poses enormous risks to the global economy, which has not yet fully recovered from the shock of the coronavirus pandemic. The conflict in Ukraine marks the deadliest war in Europe since 1945. Russian forces have launched airstrikes, captured military bases and marched on Kiev, with the civilian population fleeing. Western officials […]
Omicron Mutation: Questions about how it will affect the global economy
What to expect after the financial tsunami of early 2020 caused by the appearance of Covid-19 and the vacuum of the first half of 2021? The resurgence of the Omicron variant is worrying, even if global economies have become accustomed to living with the pandemic. Global development under threat? The scale of the economic impact […]
The two sides of the transitional new year to normalcy
By Leonidas Stergiou 2020 was the year of the pandemic, when economies froze. 2021 was the year of adjustment, with lockdown side effects occurring in the second half. Monetary and fiscal authorities continued to support the restart and at the same time set up a soft safety net to control the effects of the sudden […]