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Bank of America Head Predicts Start of Recession in US in Second Half of 2023

Bank of America CEO Brian Moynihan said Sunday the country may face a mild recession in the second half of this year and in the first quarter of the next year. ....

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US Federal Reserve May Opt For More Interest Rate Hikes To Tackle Inflation: Report

The Federal Reserve officials are expecting further increase in borrowing costs as the authorities want to bring inflation down to their 2 per cent target ....

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Can US avoid recession? As inflation hits four-decade high

An economic downturn is still possible. Yet in recent weeks, with inflation showing widespread signs of easing, a more cheerful view has gained traction. ....

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Charting the global economy: ECB boosts rates; Fed, BOE on deck

Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: ....

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Our 5G is not imported, it's our own product: FM Sitharaman at Johns Hopkins University

FM Sitharaman said the Indian economy is doing good business largely and that the Indian economy's revival is on a sustained path and it will continue to be resilient in the face of a possible global recession. ....

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