Recession
Gramlich- fiscal stimulus should be reversible
US - A Federal Reserve official on Thursday said measures the government takes to ward off recession should meet several criteria, including being easily reversible.
Atlanta Fed's Guynn sees slow-paced U.S. recovery
US - Atlanta Federal Reserve Bank President Jack Guynn predicted on Monday that the U.S. economy's recovery from recession will be slower than in the past recoveries, with consumer spending and housing unlikely to lend the usual kick.
Global '02 econ outlook shaky but not for c banks
ARTICLE - One of the biggest surprises of 2001 was how the global economy's main economic agents responded to signs of recession.
Japan tankan survey points to prolonged recession
JAPAN - Japanese business confidence sagged for a fourth straight quarter to a near three-year low in December, a key Bank of Japan survey showed on Wednesday, as big firms braced for a long recession and slashed spending plans.
Japan braces for recession
JAPAN - Japan is poised to cross the official dividing line into recession on Friday morning when figures showing how much its economy has shrunk are released.
Economic Chaos - Who's killing Argentina's Peso?
ARTICLE - Until recently, stable money and sound banking were the two pillars of an otherwise weak Argentine republic. As Argentina confronts its fourth year of recession and finds itself bankrupt, many are now blaming its monetary regime, which…
Fed survey finds further slowing of the economy
USA - Contradicting growing confidence elsewhere that the recession is bottoming out, a Federal Reserve survey found more signs of further slowing than of recovery.
BoE King - UK recession unlikely, more growth seen
UK - A recession in Britain is not the most likely result of the current global economic slowdown and the country should enjoy continued growth, albeit at a slower pace, Bank of England Deputy Governor Mervyn King said on Thursday 22 November in a speech.
US in recession since March, panel confirms
US - The struggling U.S. economy slipped into a recession in March, snapping a record 10-year-long expansion on its anniversary date, a panel of economists that dates U.S. business cycles said on Monday.
Germany 'is already in recession'
GERMANY - A day after news that the US entered a recession in March a leading economic think-tank has said Germany is already in a recession, and things will get worse later this year.
Germany slips into recession in third quarter
GERMANY - Germany's economy slipped into technical recession in the third quarter, after poor figures for gross domestic product growth confirmed a decline for the second three-month period running.
Why world deflation is remote
ARTICLE - Samuel Brittan of the Financial Times explains why enough has probably been done to prevent recession spiralling out of control.
Buba's Welteke sees no '01 recession in Germany
GERMANY - Germany's economy is not in a recession and will grow at a small rate "above zero" in 2001, Deutsche Bundesbank President Ernst Welteke told German daily Frankfurter Rundschau in an interview conducted 22 October, but published on Friday.
NIESR report - UK to avoid slide into recession
UK - The UK will weather a sharp global slowdown and there is no reason to cut interest rates further, according to a leading think-tank.
Research from the San Francisco Fed Bank
RESEARCH - The Federal Reserve Bank of San Francisco has published an Economic Letter 2001-29; 19 October, titled Has a Recession Already Started?
Survey raises Japan recession fears
JAPAN - Evidence that business confidence in Japan slumped over the summer has sharpened fears that the country is on the verge of its fourth recession in a decade.
IMF shrugs off recession fears
US - The IMF has said it does not expect the global economy to fall into recession as a result of the impact of the terrorist attacks on the United States.
IMF sees no global recession in 2001 or 2002
US - International Monetary Fund First Deputy Managing Director Anne Krueger said Monday 24 September she does not see a global recession in either 2001 or 2002 despite increased economic uncertainty following the 11 September attacks on the United…
Has economic crisis been avoided?
FEATURE - If the reaction of markets so far is anything to go by, the world has avoided the worst case scenario of a global economic meltdown after the terrorist attacks on the US.
Japan moves closer to recession
JAPAN - Steep falls in industrial production and retail sales in July have pushed Japan closer to official recession, figures showed on 30 August.
BOJ hints at unavoidable recession in Japan
JAPAN - The Bank of Japan has downgraded its assessment of the Japanese economy for the third straight month and hinted strongly that a recession - the country's fourth in a decade - will be unavoidable.
Chicago Fed: Recession risks rising
US - The risk that the U.S. economy is in a recession rose in June to its highest level this year, the Federal Reserve Bank of Chicago said on 2 August as it released its monthly index of U.S. economic activity.
Argentina softens economic reforms
ARGENTINA - The Argentine government is to soften its belt-tightening economic reforms after two days of crippling strikes and protests.
US recession risk rose in May - Chicago Fed index
US - The recession risk for the U.S. economy increased to its highest point this year in May, according to an index released by the Federal Reserve Bank of Chicago on 5 July.