Recession
Japan enjoys strongest growth for two years
TOKYO - Japan's economy has at last emerged from recession, enjoying its strongest growth for two years. The economy has rebounded from three straight quarters of contraction, growing 1.4% in the first quarter, which is an annualised rate of 5.7%.
Speech by A Santomero of Philadelphia Fed, 25 Apr
SPEECH - Santomero said on Thursday in a speech titled 'The Reluctant Recession: Why Was the Recession So Mild?' that it is too soon to tell when the U.S. economy will be strong enough for the U.S. central bank to consider raising interest rates.
Japan lawmaker says BOJ chief not worth his salt
FEATURE - Is a central bank governor who has been unable to halt a three-year decline in prices or prevent the longest recession in decades worth his salt - particularly when his paycheck is 38.43 million yen ($293,000) a year?
Speech by William Poole, St Louis Fed Bank, 11 Apr
SPEECH - In the speech titled 'Inflation, Recession and Fed Policy' Poole said low inflation is essential to make necessary monetary policy changes and to support economic growth.
Speech by William Poole, St Louis Fed Bank, 4 Apr
SPEECH - In the speech titled 'Dynamics of the Recession and the Recovery' Poole said that last year's tax cuts and interest rate reductions have provided an underpinning for a solid U.S. economic recovery that could see "upside surprises" ahead.
IMF's Koehler says world econ in recovery process
AUSTRIA - International Monetary Fund Managing Director Horst Koehler said on Thursday that the global economy had avoided recession and was now on a process of recovery.
Tokyo sees light at end of tunnel
JAPAN - Japan's longest recession since 1993 may be slowly coming to an end as inventories are run down and companies gear up for a faster-than-expected US and European recovery, according to Heizo Takenaka, economics minister.
Gramlich- fiscal stimulus should be reversible
US - A Federal Reserve official on Thursday said measures the government takes to ward off recession should meet several criteria, including being easily reversible.
Atlanta Fed's Guynn sees slow-paced U.S. recovery
US - Atlanta Federal Reserve Bank President Jack Guynn predicted on Monday that the U.S. economy's recovery from recession will be slower than in the past recoveries, with consumer spending and housing unlikely to lend the usual kick.
Global '02 econ outlook shaky but not for c banks
ARTICLE - One of the biggest surprises of 2001 was how the global economy's main economic agents responded to signs of recession.
Japan tankan survey points to prolonged recession
JAPAN - Japanese business confidence sagged for a fourth straight quarter to a near three-year low in December, a key Bank of Japan survey showed on Wednesday, as big firms braced for a long recession and slashed spending plans.
Japan braces for recession
JAPAN - Japan is poised to cross the official dividing line into recession on Friday morning when figures showing how much its economy has shrunk are released.
Economic Chaos - Who's killing Argentina's Peso?
ARTICLE - Until recently, stable money and sound banking were the two pillars of an otherwise weak Argentine republic. As Argentina confronts its fourth year of recession and finds itself bankrupt, many are now blaming its monetary regime, which…
Fed survey finds further slowing of the economy
USA - Contradicting growing confidence elsewhere that the recession is bottoming out, a Federal Reserve survey found more signs of further slowing than of recovery.
BoE King - UK recession unlikely, more growth seen
UK - A recession in Britain is not the most likely result of the current global economic slowdown and the country should enjoy continued growth, albeit at a slower pace, Bank of England Deputy Governor Mervyn King said on Thursday 22 November in a speech.
US in recession since March, panel confirms
US - The struggling U.S. economy slipped into a recession in March, snapping a record 10-year-long expansion on its anniversary date, a panel of economists that dates U.S. business cycles said on Monday.
Germany 'is already in recession'
GERMANY - A day after news that the US entered a recession in March a leading economic think-tank has said Germany is already in a recession, and things will get worse later this year.
Germany slips into recession in third quarter
GERMANY - Germany's economy slipped into technical recession in the third quarter, after poor figures for gross domestic product growth confirmed a decline for the second three-month period running.
Why world deflation is remote
ARTICLE - Samuel Brittan of the Financial Times explains why enough has probably been done to prevent recession spiralling out of control.
Buba's Welteke sees no '01 recession in Germany
GERMANY - Germany's economy is not in a recession and will grow at a small rate "above zero" in 2001, Deutsche Bundesbank President Ernst Welteke told German daily Frankfurter Rundschau in an interview conducted 22 October, but published on Friday.
NIESR report - UK to avoid slide into recession
UK - The UK will weather a sharp global slowdown and there is no reason to cut interest rates further, according to a leading think-tank.
Research from the San Francisco Fed Bank
RESEARCH - The Federal Reserve Bank of San Francisco has published an Economic Letter 2001-29; 19 October, titled Has a Recession Already Started?
Survey raises Japan recession fears
JAPAN - Evidence that business confidence in Japan slumped over the summer has sharpened fears that the country is on the verge of its fourth recession in a decade.
IMF shrugs off recession fears
US - The IMF has said it does not expect the global economy to fall into recession as a result of the impact of the terrorist attacks on the United States.