U.S., European Economies Slow Sharply as Recession Risks Grow
The U.S. and European economies slowed sharply in June as surging prices of energy and food weakened demand for other...
recession
Recession Probability Soars as Inflation Worsens
Economists surveyed by The Wall Street Journal have dramatically raised the probability of recession, now putting it at 44% in...
Bank of Canada’s Beaudry: Policy Rate Might Be Headed Toward 3% or Above
OTTAWA—The rapid acceleration in prices has increased the likelihood the Bank of Canada may need to double its policy interest...
China’s Slowdown Poses Credibility Test for Economic Data
SINGAPORE—A severe slowdown for China’s economy during a year of acute political sensitivity for Chinese leader Xi Jinping is testing...
Rising Risk of Recession Creates New Headache for Biden
The Federal Reserve’s efforts to slow inflation are raising the possibility of higher unemployment, a slower-growing economy and a recession,...
U.K. Inflation Hits 40-Year High, Putting Government on Defensive
LONDON—The U.K.’s annual rate of inflation jumped to a forty-year-high in April, the highest level recorded by an industrialized nation...
WSJ News Exclusive | Powell Says Fed Has Resolve to Bring U.S. Inflation Down
Federal Reserve Chairman Jerome Powell said the central bank’s resolve in combating the highest inflation in 40 years shouldn’t be...
Economy Week Ahead: U.S. Inflation, China’s Exports in Focus
Shoppers in a San Francisco grocery store earlier this month. Economists forecast that year-over-year readings for the consumer-price index started...
Economy Week Ahead: Economic Growth, Inflation in Focus
March durable goods data are expected to reflect a rebound for new orders after February weakness. Photo: KAMIL KRZACZYNSKI/REUTERS April...
Economists Seek Recession Clues in the Yield Curve
As yields on two-year Treasury notes this week moved above yields on 10-year notes, Wall Street analysts sent up warning...
Western Sanctions Bite Russian Economy, but Pose Unpredictable Risks
The conventional wisdom until last week was that sanctions had limited influence on a nation state, especially one as large...
Fiscal Stimulus Is Turning Into a Fiscal Drag, in a Big Headwind for Growth
The federal pandemic support that helped propel the economy to blistering growth last year and put upward pressure on inflation...
Elevated Job Openings Show Early Sign of a Pullback
Employers pulled back on demand for workers last month amid signs the economy was starting to cool as the Omicron...
Stock Market Jitters Don’t Endanger Economy Yet
The past few weeks of stock market turmoil don’t mean the economy is about to be derailed, but rather that...
Economy Week Ahead: Fed, GDP, Consumer Spending
Fed Chairman Jerome Powell. The central bank’s two-day policy meeting is scheduled to conclude on Wednesday. Photo: Graeme Jennings/Press Pool...
Full Recovery in Global Labor Market Could Take Years
It will take at least two years before global unemployment falls back to pre-pandemic levels, according to fresh projections, with...
China Seeks to Cushion Blow of Economic Pain as Momentum Slows
HONG KONG—Last year, Chinese policy makers shook up the world’s second-largest economy just as its rebound from the pandemic was...
China GDP Grew 8.1% in 2021, Though Momentum Slowed in Fourth Quarter
BEIJING—China’s economy expanded 8.1% last year as a pandemic-plagued world snapped up its goods, though slowing growth in the final...
Economy Week Ahead: Eurozone Manufacturing, U.S. Jobs Report
A worker checked bodywork at the Iveco plant in Suzzara, Italy, in December. The state of European manufacturing will be...
Omicron Variant is Expected to Dent Global Economy in Early 2022
A winter surge in Covid-19 cases driven by the Omicron variant is prompting economists to downgrade U.S. and global growth...
