One possible rewritten title could be: How Concerns of a Recession May Trigger Economic Downturn, According to Certain Experts.
Some financial experts say the U.S. is headed into a recession, defined as two back-to-back quarters of falling GDP, as inflation continues to soar. In the first quarter of 2022, the U.S. GDP dropped by 1.6%. Javier David, managing editor for business and markets at Axios, joined CBS News to discuss why some experts say consumer fear could make matters worse. #news #recession #economy CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+. Subscribe to the CBS News YouTube channel: Watch CBS News: Download the CBS News app: Follow CBS News on Instagram: Like CBS News on Facebook: Follow CBS News on Twitter: Subscribe to our newsletters: Try Paramount+ free: For video licensing inquiries, contact: licensing@veritone.com...(read more)
BREAKING: Recession News
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With the global economy showing some signs of slowing down, concerns about an impending recession are increasing among many people. While several experts have warned about a potential recession on the horizon, some analysts have suggested that such fears alone could be enough to push the world into an economic downturn. To understand why some experts believe fears of a recession could lead to one, we need to look at how fear can impact the economy. The stock market, for instance, is heavily influenced by investors' emotions, and panic and fear can lead to a sell-off that can trigger a chain reaction of stock market crashes, business failures, and layoffs. If consumers are worried about the economy, they may cut back on discretionary spending or delay large purchases, which can slow economic growth even further. Additionally, fear can also cause business leaders to become hesitant, leading them to delay investments and expansion plans. This hesitancy can then reduce employment opportunities and suppress wages, which can ultimately weaken the economy. Another factor contributing to the potential for a recession is the possibility that individuals and companies may act on their fears of an economic downturn before it even occurs. In other words, by anticipating a recession, companies may begin to lay off workers and cut spending in an attempt to insulate themselves from any future economic shocks. While this approach might make sense for individual firms, it can lead to widespread job losses and exacerbate an already troubled economy. So, what can be done to mitigate the impact of recession fears? Experts suggest that policymakers could take steps to improve confidence in the economy and reduce pessimistic sentiments. Governments could encourage investment, offer tax incentives, and provide support for those who have lost their jobs or are struggling to make ends meet. Furthermore, central banks can adjust interest rates to stimulate the economy and inject liquidity through monetary policy. Ultimately, whether fears of a recession become a self-fulfilling prophecy remains to be seen. However, it's clear that fear and panic can play a dangerous role in the global economy. In these uncertain times, it's crucial that policymakers focus on creating stability, reducing uncertainty, and fostering a sense of security to prevent a recession from becoming a reality. https://inflationprotection.org/one-possible-rewritten-title-could-be-how-concerns-of-a-recession-may-trigger-economic-downturn-according-to-certain-experts/?feed_id=88663&_unique_id=643d350e45f4a #Inflation #Retirement #GoldIRA #Wealth #Investing #axios #business #CBSNews #financialexperts #gdp #inflation #livestreaming #livevideo #Markets #recession #video #RecessionNews #axios #business #CBSNews #financialexperts #gdp #inflation #livestreaming #livevideo #Markets #recession #video
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