A sharp and sustained fall in the US dollar against other major currencies could turn into a recessionary shock for the global economy outside the United States, according to an analysis highlighted in a report by BofA Securities.
Gandhinagar (Gujarat) [India], January 24: Not many may be aware that before Surat rose to prominence as a global diamond hub, Navsari held that prestigious position. For decades, Navsari was renowned for its skilled gem artists whose craftsmanship added brilliance and value to diamonds trad
Shamim Azad, a leather exporter, stated that the United Kingdom is currently experiencing a recession and had some work in the US, but it has completely "flopped" at present. He mentioned that the US customers have asked them to put the orders on hold due to the tariffs.
The Federal Reserve's annual bank stress test showed that large American banks are well-positioned to weather a severe recession, while staying above minimum capital requirements and continuing to lend to households and businesses.
New Delhi [India], May 2: Indian financial markets have experienced significant volatility, influenced by both global and domestic factors. On April 7, 2025, the Nifty 50 and BSE Sensex recorded their worst single-day declines in ten months, plummeting by 3.24% and 2.95% respectively. This d
S&P Global Ratings has lowered the US GDP forecast for 2025, sharply by 50 basis points to 1.5 per cent, while raising its inflation forecast. For 2026, the US growth projection has been lowered by 20 basis points to 1.7 per cent.
The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent from 6.7 per cent, amid uncertainties arising from trade worries following the reciprocal tariffs announced by the US.
Global investment banking giant JP Morgan has reaffirmed its bullish stance on gold, projecting it as the most optimal hedge through 2025 and 2026 amid mounting risks of stagflation, recession, currency debasement, and U.S. policy uncertainties.
Dimon emphasised that the strength of the United States on the world stage relies on a combination of economic vitality, military power, and moral leadership
Reciprocal tariffs imposed by the US significantly raise risks for a recession in the US and constrain the US Federal Reserve's ability to lower interest rates further, Fitch Ratings said in a note.
J.P. Morgan has predicted that the United States economy will likely fall into a recession this year, largely due to the impact of new tariffs announced by President Donald Trump.