Recession Is Coming! HSBC Bank Warns of US Recession This Year, Recession in Europe in 2024
HSBC said that the United States will enter into recession this year while the year 2024 will mark a "year of contraction". Meanwhile, the European Union is also expected to be in recession in the coming year.
HSBC, the financial services company has predicted a recession in the United States this year. The British universal bank has also forecasted a recession for Europe in the year 2024. HSBC said that the United States will enter into recession this year while the year 2024 will mark a "year of contraction". Meanwhile, the European Union is also expected to be in recession in the coming year. UK Recession Fears Mount After Bank of England Hikes Borrowing Rates by More Than Expected.
HSBC Predicts Recession for the United States This Year
Recession in Europe in 2024
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