United Kingdom
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Thursday, 21 August 2008
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| View All Articles About 'Recession' |
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| 1. |
Weak sterling may not curb recession
The Bank of England says a weaker pound will help take the sting out of the economic slowdown, but euro zone demand for cheaper British goods may not take up the slack if the bloc's own economy proves too anaemic.
20 Aug 2008 |
| 2. |
Euro zone economy shrinks for first time
The euro zone economy recorded its first ever contraction in the second quarter, pulled down by falling activity in its biggest economies and raising the risk of a technical recession.
15 Aug 2008 |
| 3. |
Risk of recession rising - poll
A rapidly slowing economy is at significant risk of falling into recession and will force the Bank of England to cut interest rates next year even in the face of high inflation, a Reuters poll showed.
25 Jul 2008 |
| 4. |
BoE policy maker sees recession
The economy is heading into recession and interest rates should fall to "well below" their current 5 percent, Bank of England policy-maker David Blanchflower was quoted as saying in a newspaper interview.
21 Jul 2008 |
| 5. |
Bank fixed on inflation amid recession talk
Businesses delivered fresh evidence on Tuesday that the economy risks sliding into its first recession since the early 1990s, reporting a sharply deteriorating climate across the country.
08 Jul 2008 |
| 7. |
U.S. slowdown seen but no recession
Economists have trimmed forecasts for U.S. growth in the second half of this year and in 2009, but more have come to the view that the United States will dodge a recession, a survey released on Tuesday showed.
10 Jun 2008 |
| 8. |
Greenspan says recession still likely in U.S.
Former Federal Reserve chairman Alan Greenspan was quoted on Tuesday as saying the United States was still more likely than not to have a recession despite relative stabilisation in the economy in recent weeks.
27 May 2008 |
| 9. |
U.S. recession probable, but shallow
The U.S. economy nearly stalled in the first three months of the year and will shrink between now and June, but any recession should be less severe than the last major downturn in the early 1990s, a Reuters poll showed on Wednesday.
24 Apr 2008 |
| 10. |
U.S. recession "already priced in"
Equity markets have already priced in a U.S. economic downturn and might actually react positively when the recession becomes official, said Alain Bokobza, head of Strategy at Societe Generale.
07 Apr 2008 |
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