Recession
in sentence
2506 examples of Recession in a sentence
Yet the
recession
did not prevent droves of such firms from finding financing in Silicon Valley, London, and Berlin.
The next
recession
probably will not be as bad as the last one, but advanced economies will be far better prepared for it if they undergo gradual monetary-policy normalization and fiscal consolidation in the meantime.
Moreover, fiscal support is absent this time: QE1 and QE2 helped to prevent a deeper
recession
and avoid a double dip, respectively, because each was associated with a significant fiscal stimulus.
Now they face a second blow from the global
recession.
Finally, Spain is likely to enter the next downturn having barely recovered from the previous recession, with high levels of public- and private-sector indebtedness and unemployment well above pre-crisis rates.
Given the paucity of policy tools available to boost domestic demand, another deep
recession
is likely.
With protracted
recession
in Europe and slowdowns in emerging markets, concern about budget deficits has given way to apprehension about growth.
Of course, one can point to particular countries in Europe that are mired in
recession.
Faced with the certainty of a double-dip recession, Europe’s difficulties are daunting.
Advocates of austerity argue that debt has a negative impact on growth; proponents of further stimulus counter that it is low growth that generates public debt, not the other way around, and that austerity in times of
recession
only makes things worse.
History shows that in a deep
recession
it is far more dangerous to withdraw economic stimulus too early than too late.
Compared to a new recession, the long-term cost of stimulus policies is insignificant.
Never before in recent history has a deep
recession
coincided with seismic geopolitical change.
Something may well happen in the next several years to radically boost America’s savings rate by making US households feel suddenly poor: tax increases, a real estate crash, rapidly-rising import prices caused by a plummeting dollar, a deep recession, or more than one of the above.
Now that America's recovery is underway - and it arises from a slump not a
recession
- the current account deficit will widen even further and in no time discussions about the unsustainable high-flying dollar will become fashionable again.
In countries like Germany, which have been on the ropes since the signing of the Maastricht Treaty, a continuation of stagnation or outright
recession
would deeply strain budgets and credibility.
Now they are confronting elevated risks of a European
recession
and the real possibility that both the UK and the EU could break up if populist contagion takes hold.
This is dangerously shortsighted: the real concern ought to be how far it could cut rates in the next deep
recession.
Given that the Fed may struggle just to get its base interest rate up to 2% over the coming year, there will be very little room to cut if a
recession
hits.
There may not be enough time before the next deep
recession
to lay the groundwork for effective negative-interest-rate policy or to phase in a higher inflation target.
Most Russian elites think and act like businesspeople, not like romantic nationalists: As the economy sinks into prolonged recession, scrutiny and criticism of Putin’s policies will increase.
The last two years have brought a series of crises: energy, food, climate change, and global
recession.
The Law of the Sea’s Next WaveLONDON – Thirty years ago, the Cold War was at its height and the United Kingdom had just clawed its way out of
recession.
It is widely suspected, for example, that the reason for the European Central Bank’s otherwise puzzling decision to raise interest rates in July 2008, as the world was sliding into the worst
recession
since the 1930’s, was that oil prices were just then reaching an all-time high.
But the mutually reinforcing
recession
and debt crisis that Spain now faces have reinvigorated Catalonia’s long-standing secessionist movement; austerity has transformed a chronic, though manageable, problem into an acute existential question.
So far during the financial crisis and ensuing recession, the US has been incapable of kick-starting credit growth, the major transmission mechanism by which monetary expansion feeds through to domestic economic activity.
This is because high oil prices raised inflation in the United States, worsened the US trade deficit, and increased the likelihood of a US
recession
by acting as a tax on consumer spending.
Just consider how the current bout has raised global inflation, lowered incomes of the global poor, weakened the dollar, deepened the US trade deficit, aggravated global financial instability, and increased the likelihood of a global
recession.
After all, stagnation and outright
recession
– exacerbated by front-loaded fiscal austerity, a strong euro, and an ongoing credit crunch – remain Europe’s norm.
While the chance of a perfect storm – with all of these risks materializing in their most virulent form – is low, any one of them alone would be enough to stall the global economy and tip it into
recession.
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