Keyword: Consumer spending

181 results found
Man on dollar cloud

Financial strains continue amid high rates, but recession risk receding

credit card concern

Robust consumer spending is fuelled by credit growth, report says

Economists say the strain is not likely to spill over into the broader economy

  • By: Ken Sweet
  • February 5, 2024 February 5, 2024
  • 11:10
Financial stock exchange market display screen board on the street

Lagging effect of higher rates likely to bite this year, report says

Container Cargo ship and Cargo plane with working crane

Disruption to key global shipping lanes has varied credit impacts, DBRS says

Citigroup said Friday that it's cutting 20,000 jobs, roughly 10% of its workforce

  • By: Ken Sweet
  • January 12, 2024 January 12, 2024
  • 14:51
The Fed - Washington DC - Policy and Politics

Technical recession remains a distinct possibility, SIFMA survey finds

home financing

Mortgage resets next year expected to cut into spending

fintech

Solid balance sheets, low leverage, likely to leave ratings unaffected

Frankfurt, Germany - November 09, 2020: European Central Bank ECB, EZB headquarters at Eastend Frankfurt, Germany. The European Central Bank (ECB) is the central bank of the Eurozone. Close-up of the logo in front of the building.

Expectations for economic and income growth were lower in an ECB survey