What is a recession? What are the key indicators of a recession? How do government and central banks respond to recessions? What are the causes of recessions? How can individuals and businesses ...
A recession as a significant decline in economic activity spread across the economy, lasting more than a few months, according to the International Monetary Fund. Most commentators and analysts use, ...
In April, the International Monetary Fund (IMF) lowered its global economic growth forecast from 3.3% to 2.8% for 2025. It also lowered its growth forecast for 2026 from 3.3% to 3%. The global banking ...
The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.
Fears of a recession have heightened in the U.S. as early signs appeared to signal the possibility, but what does that actually mean and how could it impact you? The concerns come amid uncertainty ...
The recession, and the job losses and lack of social services that it has entailed, is turning usually peaceful libraries into emotional and stressful public spaces, The New York Times reports. As the ...
President Donald Trump acknowledged that his trade policies could lead to a recession, but said ultimately, “We’re gonna do fantastically.” Trump sat down with Meet the Press host Kristen Welker for ...