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  • BRASILIA, July 20- Brazil kept interest rates on hold for the eighth straight time on Wednesday as expected, in the first decision of a new central bank board that said it was too soon to cut rates despite a crippling recession. "The text format changed completely, but the main message remained the same: The conditions for interest rate cuts are not there yet and it...

  • *Jobless rate hit new 10- year low before June 23 vote. LONDON, July 20- The Bank of England said it had seen no clear signs yet of damage to British companies after the vote to leave the European Union, and one of its policymakers said she would wait for more evidence of a slowdown before backing an interest rate cut. The BoE had warned before the June 23 referendum that...

  • BRASILIA, July 20- Brazil's government may not need a further freeze spending to meet fiscal goals because revenues are expected to recover in the second half of the year as the recession-hit economy stabilizes, government officials said on Wednesday. Interim President Michel Temer's chief of staff, Eliseu Padilha, told reporters later on Wednesday that the...

  • *Jobless rate hits new 10- year low in run-up to June 23 vote. LONDON, July 20- The Bank of England said on Wednesday it had seen no clear signs yet of a sharp economic slowdown after last month's vote to leave the European Union, raising questions over how aggressively it will act to boost the economy when it meets next month. A Reuters poll on Wednesday showed...

  • LAGOS, July 19- Nigeria's economy, the biggest in Africa, is likely to contract by 1.8 percent this year, the International Monetary Fund said on Tuesday, as the country grapples with the impact of low oil prices. "In Nigeria, economic activity is now projected to contract in 2016, as the economy adjusts to foreign currency shortages as a result of lower oil receipts,...

  • BRUSSELS, July 19- Britain's economy may slip into recession next year following the vote to quit the European Union, the European Commission estimated on Tuesday in its first assessment of the economic impact of Brexit. Britain is expected to endure a "substantial slowdown" which will limit its economic growth to between 1.3 and 1.6 percent this year, lower than...

  • WASHINGTON, July 19- The International Monetary Fund cut its global growth forecasts for the next two years on Tuesday, citing uncertainty over Britain's looming exit from the European Union. The Fund said that despite recent improvements in Japan and Europe and a partial recovery in commodity prices, the UK's Brexit vote had created a "sizeable increase in...

  • IMF expects Russia to return to growth in 2017

    The International Monetary Fund says Russia's recession has been shallower than expected.

  • BOE Move

    The BOE should wait until after the quarterly inflation report in August to get a better grasp of Brexit's impact, says Barclays' Mitul Kotecha.

  • UK now on ‘rocky road’ for some years: Director general

    Simon Walker, director general at Institute of Directors, says it’s likely that the U.K. will see a recession. However, it will likely be “mild”.

  • Executive Edge: Italy to face 20-year recession

    The "Squawk Box" news team discusses some of the morning's most provocative headlines, including a new prime minister for the U.K., and the IMF's call on Italy's economic outlook.

  • Earnings Season

    Tony Scherrer of Smead Capital Management discusses the drivers behind the U.S. equity rally.

  • Earnings recession ending?

    CNBC's Mike Santoli discusses the current state of the S&P, the possible end to earnings recession and what that means for stocks.

  • Short: Fresh concerns threaten earnings

    VP of Estimize Christine Short gives her reasons for why earnings season is not going to be as positive as we think.

  • POLL- MEDIAN VIEW OF U.S. PRIMARY DEALERS SEES 20 PCT PROBABILITY OF U.S. RECESSION IN NEXT 12 MONTHS, UNCHANGED FROM JUNE 15 POLL.

  • US Jobs

    A number in the range of 150,000 to 175,000 will cheer markets but it's not enough to ignite any Fed talk, warns Mark Eibel of Russell Investments.

  • LONDON, July 7- Share markets climbed on Thursday as upbeat U.S. economic data took some of the sting out of the Brexit scare, while the Australian dollar dipped as the country's triple A credit rating came under threat. The European market started firmer with the FTSE up 1.7 percent, the CAC in Paris 1.9 percent higher and Germany's DAX rising 1.3 percent.

  • *Stocks ex- Japan edge up after Wall St ekes out gains. SYDNEY, July 7- Asian share markets crept ahead on Thursday after upbeat U.S. economic data took some of the sting out of the latest Brexit scare, while the Australian dollar briefly dipped as the country's triple A credit rating came under threat. The European market were also seen starting firmer, with the FTSE...

  • Since Britain's June 23 vote to leave the European Union, every piece of economic, such as Friday's jobs report, data comes with a question mark- how much does it reflect domestic economic developments and how much the short and long-term implications of an economic reordering that may take years to play out. For Fed policymakers it means balancing the mainly...

  • Bond Markets

    REYL Singapore's Daryl Liu says the bond markets indicate that there is going to be a long period of slowing growth with rising recession risks.