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Recession calls are growing as the oil market sees no end in sight to Iran-war disruptions
The bull case for economic growth has weakened as oil spikes. Goldman raised its recession odds this week and others see a slowdown looming.
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Goldman Sachs just dialed back its recession odds on signs of wartime economic resilience
Goldman Sachs thinks the odds of a recession have come down. The Iran war remains unresolved, but the reality is that oil hasn't gone as high as some forecasters predicted, while the US economy ...
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No recession forecast for Ireland but Budget 2027 will require tough trade-offs, ministers warn
The department of finance has said it is not predicting any recession will hit Ireland, even in the worst-case economic scenario caused by the conflict in the Middle East. However, public expenditure ...
Close to 250,000 people could lose their jobs by mid-2027 as the UK economy teeters on the edge of recession, battered by surging energy costs and shattered supply chains tied to the Iran conflict, ...
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The Bank of France slashed its 2026 growth forecast and said the economy will only narrowly avoid a recession as the conflict in the Middle East fuels broader inflationary pressures. The central bank ...
Goldman Sachs now sees a smaller chance of a recession in the U.S. thanks to the peace agreement with Iran. The bank cut its 12-month recession odds to 15% from 25%, citing falling energy prices. It ...
The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no effective ceasefire is agreed before 2027, the OECD warned Wednesday. The OECD has ...
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