Catenaa, Monday, March 10, 2025- US President Donald Trump refused to rule out a recession from his planned tariffs as the US economy is in a period of transition. In an interview with Fox News on Sunday, the president said his plans for bigger “reciprocal” tariffs will go into effect on April 2.  The White House had […]

Catenaa, Wednesday, March 12, 2025– US President Donald Trump’s tariff and other policies have increased the probability of a US recession as the markets unwind on their higher growth expectation, Standard Chartered said. Kaushik Rudra, Global Head of Fixed Income Research and Head of Asia Research at Standard Chartered, said that although they expect a growth in […]

London, UK, Monday, February 19, 2024 – The UK economy officially entered a technical recession in the final quarter of 2023, according to data released on February 15 by the Office for National Statistics (ONS). Gross domestic product (GDP) contracted by 0.3% following a 0.1% decline in the previous quarter, marking the first back-to-back decrease […]

Catenaa, Tuesday, February 25, 2025– US consumer confidence tumbled to 98.3 in February, the largest monthly decline since August 2021, the Conference Board said on Tuesday, signalling the risk of recession. The report stated US consumer confidence index sank this month to 98.3 from 105.3 in January, falling far below the expectations of 103 by economists. Consumer […]