[Valid RSS]
August 9, 2022, 2:41 am
৮ আগস্ট কোভিড-১৯ সংক্রান্ত সর্বশেষ প্রতিবেদন পবিত্র আশুরা উপলক্ষ্যে প্রধানমন্ত্রী ও রাষ্ট্রপতির বাণী ৮ আগস্ট এক নজরে বাংলাদেশ জাতীয় জ্বালানি নিরাপত্তা দিবসে প্রধানমন্ত্রী ও রাষ্ট্রপতির বাণী PM sketches Bangmata’s key-shadow role in independence struggle President asks NHRC to play strong role in protecting human rights  realme Fan Festival is Coming with the Theme “Keep It Real” ShareTrip Recognizes Industry Partners & Declares Investment Microsoft launched Startups Founders Hub in Bangladesh PM accords Bangamata Padak to 5 women Western sanctions are good for Moscow : economist Vladimir Putin congratulated railway workers and veterans on their professional holiday China to make east Taiwan Strait drills ‘regular’ : media Any attack on a nuclear plant ‘suicidal’: UN chief Guterres Israel confirms Gaza ceasefire Russia takes out 45,000 tons of NATO ammo : Russian MoD UNDP, Grameenphone and BIDA to create economic opportunities for all Borrowing costs would rise if GDP growth is less than interest rate : Professor Iyanatul Islam ৭ আগস্ট এক নজরে বাংলাদেশ ৭ আগস্ট কোভিড-১৯ সংক্রান্ত সর্বশেষ প্রতিবেদন

Recession risk warning issued for top Western economies

Bangladesh Beyond
  • Updated on Sunday, July 17, 2022
  • 86 Impressed

Recession risk warning issued for top Western economies



Dhaka July 17 2022 (RT) :


The US and Germany are headed for an economic downturn, according to Deutsche Bank.

The bank’s global head of currency research, George Saravelos, said in a note to clients on Thursday that something big shifted in the market following Wednesday’s US consumer-price index report. 

He used the peak in the Fed funds futures curve as a proxy for recession expectations to point out that the market’s views on the timing of the start of the next US recession have shifted substantially since February. Back then investors were bracing for a recession to arrive in December 2024. As of now, futures traders expect the recession to start in January 2023.

According to Saravelos, the risk of recession has supplanted inflation as the most important factor driving markets. 

Deutsche Bank also issued a recession warning for Europe’s largest economy, Germany, which was forecast to shrink by about 1% in 2023. 

Declining natural gas supplies, a downturn in the United States, and other headwinds will cause Germany to contract in the second half of this year, the bank’s analysts told Bloomberg, warning that record inflation is yet to peak.


Read More


Read us@googlenews



More News
© Copyright: 2020-2022

Bangladesh Beyond is an online version of Fortnightly Apon Bichitra 

(Reg no: DA 1825)

Developed By Bangladesh Beyond