Recession
in sentence
2506 examples of Recession in a sentence
Yet the Fed, in its desperation to avoid a US recession, keeps pouring more money into the system, intensifying the inflationary pressures.
From 2002 to 2007, and again after the global financial crisis in 2008-2009, capital flows to emerging economies surged, as global investors searched for yield in conditions of slow growth and
recession
in developed countries, low interest rates, and ample liquidity.
Now Russia is teetering on the brink of
recession
and expects capital outflows to top $70 billion during the first quarter of this year, exceeding the outflows for all of 2013.
Meanwhile, southern countries languish in a state of permanent
recession
that they blame on Europe’s north.
The Global Impact of America’s Housing CrisisCAMBRIDGE – The bursting of America’s housing bubble in the summer of 2006 triggered the global financial crisis and
recession.
As a result, the
recession
has been deeper and longer than it would otherwise have been.
Indeed, Europe needs a master plan to avoid a tailspin of recession, growing unemployment, and weakening banking systems.
As costly as they have been, the dislocations of the great
recession
and the euro crisis pale in significance compared to those of the Great Depression.
He quotes me as saying in November 2010 that Chancellor of the Exchequer George Osborne’s policies doomed the United Kingdom to “years of interminable recession.”
Alan Greenspan's Federal Reserve deserves credit for managing the 1992-96 recovery from the "Bush recession."
Standard economics says that this switch will, at least temporarily and modestly, augment growth -- provided that the Fed makes sure that fiscal cutbacks are not wasted in
recession
and unemployment, and that expenditure cuts are not in public investments with high social productivity.
Japan’s bold monetary easing, for example, was a critical element of Prime Minister Shinzo Abe’s strategy for lifting the Japanese economy out of more than a decade of
recession
– and it has led to a remarkable recovery.
Closing America’s Jobs DeficitBERKELEY – The latest data on employment in the United States confirm that the American economy continues to recover from the Great
Recession
of 2008-2009, despite the slowdown engulfing the other G-20 nations.
Indeed, the pace of private-sector job growth has actually been much stronger during this recovery than during the recovery from the 2001 recession, and is comparable to the recovery from the 1990-1991
recession.
In terms of US economic history, what is abnormal is not the pace of private-sector job growth since the 2008-2009
recession
ended, but rather the length and depth of the
recession
itself.
The downturn was a distinctive balance-sheet
recession
that caused sizeable declines in household wealth and necessitated painful deleveraging.
And a recent study by McKinsey suggests that the gaps in educational opportunity and attainment by income impose the equivalent of a permanent
recession
of 3-5% of GDP on the US economy.
Likewise, the reduced labor costs and falling inflation caused by
recession
and austerity helped to boost Spanish firms’ competitiveness within the eurozone.
Undoubtedly, the US labor market’s uneven recovery has much to do with the structural and policy gaps exposed by the 2008 global financial crisis and the
recession
that followed.
But, assuming the economy must claw its way out of
recession
for at least another year or two, it is difficult to see how the government can fulfill its Pittsburgh pledge.
The Irish Think Again About the Lisbon TreatyMAYNOOTH, IRELAND – For months, the European Union has been battered by economic storms that now seriously threaten a protracted Europe-wide
recession.
The latter, in particular, call for an aggressive response – not least because, if the eurozone economy were to enter a
recession
in the near future, it would have limited policy tools with which to counter it.
While Europe has better crisis-management tools than it did when the last
recession
hit in 2011, they remain incomplete.
Yet a new
recession
would cause financial markets to become even more deeply divided along national lines, while strengthening the correlation between sovereign and bank risk.
For the Fed, it is important to ask whether the 1930’s, when its premature policy tightening precipitated a double-dip recession, really is the best historical analogy to consider when contemplating how to time the exit from its current accommodating stance.
This conclusion follows from the fact that France has suffered from much higher unemployment and a longer post-crisis
recession
than either the US or Britain, as well as experiencing more problems with terrorism and Islamic militancy.
The EU has suffered a prolonged economic slump since the 2008 financial crisis, largely because the German government vetoed the kind of monetary and fiscal stimulus that helped to pull the US out of
recession
in 2010.
Although the French government, unlike its Spanish and Italian counterparts, has not yet had any difficulty financing itself at low interest rates, currency appreciation as the economy slides into
recession
is like fuel poured onto an unlit bonfire.
No government can sit idly by as a country goes into
recession
or depression, even when caused by the excessive greed of bankers or misjudgment of risks by security markets and rating agencies.
We do not think that this points to a double-dip
recession.
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