RBA governor warns of the recession we might have to have
Australia's Reserve Bank Governor warns that further interest rate hikes may risk driving the economy into recession in response to rising inflation.
Respected economist: The risk of the USA falling into recession is high
A Moody's chief economist warns that ongoing conflicts in Iran could push the U.S. economy into a recession, with current models indicating over a 50% risk if high oil prices persist.
War Threatens to Bring Inflation and Economic Recession at the Same Time
The ongoing war in Iran poses a serious risk of a global economic crisis, particularly affecting Europe's already fragile economy.