Gary Drenik: The majority of consumers are predicting a deep recession within the next 6 months – with many expecting it to be as bad or even worse than the Great Recession of 2007-09.

WELLINGTON: A record number of people left New Zealand last year as high living costs and a deep recession prompted them to ...

New Zealand is not currently the top choice for living for its own citizens, according to statistics that show a weak economy is responsible for this ...

If, when, and how deep a recession may be will determine if we see more stock losses or a return to all-time market highs and beyond. Historically, interest rate hiking cycles are a precursor to ...

IN the West, countries are facing the fallout from a deep recession and financial crisis. Economic growth is at best tenuous in advanced economies, most of which have large levels of national debt.

Shadow Treasurer Angus Taylor says Australia would be in a “deep recession” if you “took away immigration”. Australia’s unemployment rate in February dropped from 4.1 per cent to 3.7 per ...

Renowned economist Peter Schiff has expressed criticism of the Federal Reserve's recent bank stress tests, highlighting the lack of preparation for a potential stagflation scenario.

The deep recession has led to an increase in already-high poverty and unemployment levels, the effects of which are being exacerbated by significant pressures in the FX market.

Some defaulted. Others rapidly increased their saving rates so they could pay down their debts (Mian and Sufi, 2014), curtailing consumption in the process. The result was a deep recession. But the ...

Nonetheless, the conditions don't bode well for Russia. When stagflation last hit the US in the 1970s, the Federal Reserve was forced to initiate a deep recession to end the turmoil. Read next ...