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The European Central Bank raises interest rates for the 10th time to mitigate high inflation amid concerns that higher borrowing costs could push the economy into a recession.
2023-09-14

The Netherlands statistics office reports that the country has entered a recession after the economy declined by 0.3% in the second quarter with exports and household spending falling despite rising interest rates that were intended to lower inflation.
2023-08-16

The economy of New Zealand enters a recession after gross domestic product fell 0.1% in the March quarter, as the central bank raises interest rates to a 14-year high. Annual growth also slowed to 2.2%, according to Statistics New Zealand.
2023-06-15

The Bank of England raises its interest rates by 0.75 percentage point, to 3.00%, the largest increase in 33 years, amid soaring inflation and a cost of living crisis in the UK. The bank also predicts a record-length recession, lasting until mid-2024.
2022-11-3

Chair of the Federal Reserve Jerome Powell says U.S. economic recovery from the recession could take until the end of 2021.
2020-05-17

Markets are on pace for their worst week since the 2008 financial crisis.
2020-02-27

Italy's economy falls into recession for the third time in a decade after declining GDP growth in late 2018. Italian Prime Minister Giuseppe Conte blames the recession on external factors, including trade tensions between the United States and China.
2019-01-31

The Economy of Japan declined by 0.4% from October to December 2012 indicating that Japan is still in a recession.
2013-02-14