US needs a ‘miracle’ to avoid recession – Stephen Roach ...News

Russia Today - News
US needs a ‘miracle’ to avoid recession – Stephen Roach
source : Russia Today ( News ) () 56
The nation’s economic downturn is projected to last for another year The negative economic growth that occurred in the United States in the first half of this year is expected to continue, according to economist Stephen Roach. The longtime head of Morgan Stanley Asia told CNBC on Tuesday that a much deeper economic downturn could last until 2024, noting that the US needed a ‘miracle’ to avoid a recession.  “We’ll definitely have a recession as the lagged impacts of this major monetary tightening start to kick in,” Roach warned, adding, “They haven’t kicked in at all right now.” A former Federal Reserve economist,

Hence then, the article about us needs a miracle to avoid recession stephen roach was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( US needs a ‘miracle’ to avoid recession – Stephen Roach )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News
Passengers stuck on Delta flight for more than two hours after landing at Rochester airport
News10NBC - before 9 hours & 16 minute
Social media follower counts have never mattered less, creator economy execs say
tech crunch - before 11 hour & 43 minute
A Shockingly Recent Year Just Cracked the Top 5 of Rock's Most Legendary Years
Parade - before 4 hours & 10 minute
SFM Announcement: Kessler Topaz Meltzer & Check, LLP Encourages Sprouts Farmers Market, Inc. (SFM) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit
PR Newswire - before 5 hours & 55 minute
Hilton East Assisted Living Facility leaves damaging aftermath after Sunday’s evacuation
News10NBC - before 10 hours & 7 minute
CND-SA (Consolidated Strategic Advisors) retained as Strategic Advisor to MMMera, Inc. to strengthen Institutional Positioning Across Guillotine® and Digital IP Portfolio
PR Newswire - before 9 hours & 25 minute
‘Stranger Things 5’ Finale Has 1.1 Million RSVPs in Movie Theaters, Says Ross Duffer: ‘3,500 Showtimes Are Completely Full’
Variety - before 8 hours & 21 minute
Saudi Arabia bombs Yemen over shipment of weapons for separatists that arrived from UAE
News10NBC - before 5 hours & 14 minute
QURE Investigation Notice: Kessler Topaz Meltzer & Check, LLP Encourages uniQure N.V. (NASDAQ: QURE) Investors with Significant Losses to Contact the Firm
PR Newswire - before 4 hours & 59 minute
Netflix Star Reveals Exactly How Much She Made for Reality Shows
Parade - before 2 hours & 5 minute
Cary Elwes Breaks Silence With Heart-Shattering Tribute to Rob Reiner
Parade - before 4 hours & 50 minute
Foreign states condemn Ukrainian attack on Putin’s residence
Russia Today - before 9 hours & 11 minute


Latest News

In Pictures: A year of royal resilience and resolution

before 3 minute

Government sent ominous ‘destruction’ warning amid plea to back workers

before 5 minute

Nikkei logs highest year-end close on record above 50,000

before 8 minute

Sedmnáctý summit IFSB: Vytyčení vize pro dopad a stabilitu

before 12 minute

'No regard for their wellbeing': Walsall fraudster conned elderly victims out of £100,000 by pretending to be from their bank

before 13 minute

Crash at bridge on busy south Shropshire A-road - firefighters and police called to scene

before 14 minute

Idris Elba and Lionesses lead new year honours list as more than 1,100 recognised

before 17 minute

Scott Jennings: Americans Need to See Someone in Power Imprisoned for Massive Blue State Fraud

before 20 minute

IPL 2026: Playoffs venue revealed! New Chandigarh Stadium in Mullanpur to host… - Reports

before 24 minute

Martin Compston: 'As Brits, we need to fight for our NHS and BBC'

before 24 minute

Ripple CTO Acknowledges Cardano’s Midnight Amid 100x Scale Claims

before 24 minute

Chappell Roan Deletes Brigitte Bardot Tribute After Learning Political Views

before 25 minute

One in two children malnourished in parts of Sudan’s North Darfur, UN says

before 26 minute

Saudi Arabia bombs Yemen port over weapons shipment from UAE, issues warning to Abu Dhabi

before 29 minute

Why Singapore is the only Southeast Asian country in Pax Silica, the U.S.’s new AI ‘inner circle’

before 29 minute