Live Breaking News & Updates on Recession returns

Stay updated with breaking news from Recession returns. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Transcripts for FOXNEWS Americas Newsroom 20240604 13:22:00

Seeing growth. it is the first reading of the ggdp. we ll get more readings coming out but all expectations are we re doing a double dip recession. that we were in recession two quarters earlier in the year. we have growth this quarter but in 2023 the recession returns. i don t think anybody is expecting we had contraction and it s over. no, we re expecting a severe recession in 2023. we will now probably expect a double dip recession is what they call it. the ecb raised interest rates 75 basis points like the fed. the next fed meeting is next week november 1st and two. expecting another 75 basis points. everything is more expensive including borrowing cost. dana: can companies breathe a sign of relief or layoffs are coming? the job numbers will catch up ....

Growth , Double-dip-recession , Reading , Quarters , Readings , Expectations , Ggdp , Two , Recession , Contraction , Anybody , Recession-returns