While increasing interest rates by the most in 33 years, the Bank of England issued a warning that the UK is experiencing its longest recession since records have been kept. It foresaw a “very challenging” two-year downturn for the UK… Read More ›
Day: November 4, 2022
After Predicting A Recession In The U.S. And Europe, Barclays Lowers The Outlook For China’s GDP
Based in part on predictions of a decline in global demand for Chinese goods, Barclays lowered its forecast for China’s economic growth to 3.8% for the coming year. Recessions are expected in the United States and Europe next year, according… Read More ›
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