Is it a ‘richcession’? Or a ‘rolling recession’? Or maybe no recession at all?
Thursday, 29 June 2023 Despite concerns of an impending recession hitting the US, recent indicators suggest that it might be avoided. Despite higher borrowing costs, consumers are spending and employers are hiring. Gas prices have dropped, giving Americans more spending power. Some economists believe that the US might achieve a soft landing, with growth slowing but households and businesses spending enough to avoid a full-blown recession.
There is consistent conversation about inflation, the economy and a looming recession and while no one can predict the future these are the best cities to live in if we have a recession, according to a..
The Eurozone, which consists of 20 member states of European Union that have adopted the Euro as their primary currency, has fallen into recession. After defying predictions of recession multiple..