Tag Archives: Mild

Investors should pray for a mild recession from the Fed’s aggressive interest rate hikes, according to Harvard University professor of economics and author Ken Rogoff, because it could get much worse. “The dollar is very strong, and interest rates are rising very fast,” Rogoff said on Yahoo Finance Live (video above). “So I think the idea that it’s going to be a really mild recession, if that, would be lucky. I’d say it’s going to be a tough trade-off for the Fed once the numbers start… Source link

A recession is unlikely for 2022, but it’s not 100% off the table, says one prominent Wall Street economist. Nomura Chief U.S. economist Robert Dent told Yahoo Finance Live he sees the potential for a “mild recession.” “When we think of a mild recession I think the best example is probably what happened in 2021, maybe a 2 percentage point increase in the unemployment rate, a couple of quarters of weak GDP growth,” Dent said. “In terms of time willing, we are most concerned about potentially… Source link

(Bloomberg) — Most Read from Bloomberg Symptoms linked to the omicron coronavirus variant have been mild so far, said South African health experts, including the doctor who first sounded the alarm about the new strain. But the World Health Organization cautioned there is “no information” symptoms caused by omicron are different from other strains. The 13 omicron cases identified in the Netherlands on Sunday suggest the new variant already has a strong foothold in Europe, with more… Source link