WHAT IS RECESSION?

Recession
A recession is when the GDP growth rate of a country is negative for two consecutive quarters or more. But a recession can be gauged even before the quarterly gross domestic product reports are out based on key economic indicators like manufacturing data, decline in incomes, employment levels etc.,
Although an economy can show signs of weakening months before a recession begins, the process of determining whether a country is in a true recession (or not) often takes time. A recession is short, but its impact can be long-lasting.
Read More..LATEST UPDATES ON RECESSION
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Oil slips more than 2% on as recession fears spreads to financial markets
, LONDON (Reuters) -Oil prices dropped more than 2% on Thursday in a volatile week as recession fears dogged global financial ...| May 12, 2022, Thursday -
Bank of England hikes rates to 13-yr high, warns of rising recession risk
The pound fell by more than a cent against the US dollar to hit its lowest level since mid-2020| May 06, 2022, Friday -
India may have done well by keeping commercial bank lending to the government within manageable limits, but RBI has been lending ...| April 25, 2022, Monday -
Recession risks duel resilience hopes in global economy outlook
BofA reported fund managers were the most bearish they'd ever been about the outlook for growth and JPMorgan Chase & Co. boosted ...| April 17, 2022, Sunday -
Jan/Feb market sell-off was an just an appetizer: BofA Securities survey
Global growth optimism, according to the survey findings, was at an all-time low, with recession fears surging in the world's ...| April 12, 2022, Tuesday -
Germany faces recession if oil & gas halted, say banks
Europe's largest economy is heavily dependent upon Russia for energy, and nations banks echoed concerns over possible energy ...| April 05, 2022, Tuesday -
World stocks dip on war, recession worries, oil falls $2 on reserve release
MSCI's global share index fell 0.17% to 710.22, against a high of 724.49 hit on Wednesday, heading for little change on the week.| April 01, 2022, Friday -
Inverted US yield curve no more a worry for markets; here's why
The current yield inversion has more to do with the temporary demand-supply mismatch in the bond market and doesn't necessarily ...| March 30, 2022, Wednesday -
Sri Lanka avoids recession in Dec quarter, GDP grows 3.7% in 2021
Sri Lanka's economy grew at a slower-than-expected 1.8% in the 4th quarter of the 2021 financial year, taking its full year ...| March 30, 2022, Wednesday -
Anticipated aggressive rate hikes by Fed drive up recession concerns
The Fed kicked off a new tightening cycle by raising the benchmark interest rate by 25 bps to a range of 0.25 to 0.5 per cent on ...| March 27, 2022, Sunday