What if a recession happens? getty Analysis by BCA Research warns that the US economy may face a recession in 2024 or 2025, as reported by Fox Business. While the Federal Reserve’s recent statement implied otherwise, it is prudent to consider the possibility of a recession, just in case. Below are strategies and considerations that
As the US economy shows signs of degradation with rising US debt metrics in the mix, the US dollar is bearing the implications of it all. The USD is now being dubbed a currency slowly inching towards its demise. With countries ready to gnaw at the US dollar’s reserve currency status, the American currency is
A senior official at the US Federal Reserve says that banks have heightened their reserves for potential loan losses in response to the escalating delinquency rates. The US Federal Reserve building in Washington, DC, United States, October 22, 2021. (AFP) The financial system of the United States is encountering a significant rise in delinquency rates
Despite experiencing headwinds from global monetary tightening, particularly US Fed rate hikes, the Indian economy and its markets demonstrated remarkable resilience in 2023. While the year began with elevated inflation, geopolitical uncertainties, and FPI outflows, a gradual easing of these pressures later boosted investor sentiment. India’s strong macroeconomic fundamentals, marked by robust GDP growth, moderating
A rising dollar spells trouble for investors
So why is the dollar so strong today? Three reasons. First, the US economy is on fire. It has shrugged off the last two years’ rising interest rates, creating new jobs, increasing wages and keeping a lid on unemployment. Money follows growth. The second reason is those interest rates, which are showing no signs of