Recession
in sentence
2506 examples of Recession in a sentence
In that case, Greece’s geopolitical position would be weakened, its economy would sink further into recession, and social tensions would rise.
While the decline in aggregate demand led to reduced imports, the combination of higher interest rates, lower public expenditure, tax increases, and wage deflation boosted unemployment and triggered
recession.
At first, the Bank of Japan hesitated to adjust its monetary policy accordingly, allowing the yen to appreciate – a decision that drove the country’s long-stagnant economy into
recession.
Rising trade tensions are already increasing the chances of a synchronized global recession, with slower growth in the US, China, and Europe in 2019.
During the financial crisis and
recession
of 1825-1826, a central bank – the Bank of England – intervened in the interest of financial stability as the irrational exuberance of the boom turned into the remorseful pessimism of the bust.
Europe and the United States are both entering recession, and fears are mounting that the financial meltdown accompanying the sub-prime mortgage debacle has not worked itself out.
Increased uncertainty concerning the safety of deposits will push up interest rates and deepen Europe’s recession, and may also trigger capital outflows from the eurozone’s weaker peripheral economies to the core.
Moreover, a deep and prolonged
recession
implies vanishing support for reforms, as governments fail to convince citizens that current sacrifice will ensure a better future.
The same scenario seems to be emerging in Greece, where the depth of the austerity-induced recession, with output down by 25% over five years and unemployment at 27%, is paralyzing a reform-minded center-right government.
Pursuing a strategy that simultaneously deepens
recession
and weakens confidence will not resolve the debt crisis.
While the US economy falls into a deep recession, the economies of large Asian countries like China and India will continue to grow at an annual rate of 7% to 9%.
Less Carbon Can Mean More GrowthTHE HAGUE – Although the global
recession
is serious and its duration uncertain, the world must nevertheless continue to focus on the far-reaching threat of climate change.
By the time Credit-Anstalt collapsed, the world had been in deep
recession
for two years, banking systems in a number of countries had become fragile, and tensions were easily transmitted across national borders, with the gold standard exacerbating financial vulnerability by constraining central banks’ ability to act.
Though Rousseff managed to hold onto power in the December election, which she won by a small margin, there is no denying that political crisis has engulfed Brazil, plunging the country into a deep
recession.
The US is now headed towards recession, regardless of what the Fed does.
The build-up of real and financial problems – the worst US housing
recession
ever, oil at $90 a barrel or above, a severe credit crunch, falling investment by the corporate sector, and savings-less and debt-burdened consumers buffeted by multiple negative shocks – make a
recession
unavoidable.
To mitigate the effects of a US
recession
and global economic slump, the Fed and other central banks should be cutting rates much more aggressively, rather than relying on modest liquidity injections that are bound to fail.
It is a policy that has had success in Japan, where a weaker yen is the only real accomplishment of Abenomics, and in Europe, where a weaker euro is helping to stave off
recession.
Thiel maintained that efforts to combat the
recession
through loose monetary policy and hyper-aggressive fiscal stimulus treat the wrong disease, and therefore are potentially very harmful.
No, the main cause of the recent
recession
is surely a global credit boom and its subsequent meltdown.
With a global
recession
looming and high oil and food prices undermining the living standards of the Western middle class, it is becoming ever harder to sell the high-cost, inefficient Kyoto-style solution of drastic carbon cuts.
Since the start of this decade, neither
recession
nor hurricanes nor sky-high oil prices have seemed to dent their appetites.
The IMF, along with many national leaders, seem ready to give full credit to these policies for engineering what might be the end of the global economic
recession.
For example, demand for investment goods may rebound, especially in certain hard-hit sectors, after a
recession
has caused physical capital to become technologically obsolete.
Moreover, interest rates tend to decline in a recession, even if there is no central bank, stimulating investment demand further.
Similarly, manufacturing can expand to restore inventories depleted by over-contraction of output, while random shocks such as major innovations or harvest variations may have an asymmetric effect in a recession, with upward shocks in some sectors having a greater impact than the downward shocks in others.
On the financial front, the failure of weaker banks in a
recession
leaves survivors that benefit from greater public confidence and are therefore able to resume profitable business.
The austerity plans being adopted by governments in much of Europe and elsewhere around the world, and the curtailment of consumption expenditure by individuals as well, threaten to produce a global
recession.
The phrase “Great Recession” creates the impression that the economy is following the contours of a typical recession, only more severe – something like a really bad cold.
Moreover, too many policymakers have relied on the belief that, at the end of the day, this is just a deep
recession
that can be subdued by a generous helping of conventional policy tools, whether fiscal policy or massive bailouts.
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