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Gross Says Look Elsewhere as U.S., Europe Face Recession
Aug. 30 (Bloomberg) -- The global economic crisis is leading to a possible “developed economy” recession in the U.S. and Europe, which may be hard to alleviate, according to Pacific Investment…
Fed's Lockhart says U.S. recession risks have risen
(Reuters) - The risk of a new U.S. recession has risen over the last couple of months, but an outright contraction will most likely be avoided, Atlanta Federal Reserve Bank President Dennis Lockhart…
Central Bankers Race to Protect Growth in 72 Hours of Crisis
Aug. 11 (Bloomberg) -- Central bankers are racing to shield their economies from fiscal tightening and lopsided currency swings that threaten a new global recession. In the 72 hours after a Group of…