Tag: inflation us recession

  • Is U.S. recession started? Know all you need to know

    Is U.S. recession started? Know all you need to know

    It is tempting to say that the US is headed for a U.S. recession or is already in one. Stocks recently hit their lowest level since the pandemic outbreak as the economy slipped into recession. Now, to add to the pain, the US economy has contracted for the second quarter. The reading comes as inflation…

  • USA recession 2022 all you need to worry

    USA recession 2022 all you need to worry

    Questions about the economic downturn are likely to stem from Goldman Sachs chairman Lloyd Blankfein’s comments, who said there was a “narrow way” for the economy to go into the US recession in 2022. Blankfein made the remarks in an interview on Sunday, adding that the Federal Reserve had “powerful tools” to help cool the…