Sentences with phrase «brink of recession»

The country has been pushed to the brink of recession.

If growth stalls, we're on the brink of another recession.

The monetary fund estimated that a failure to extend some of the Bush tax cuts and to reverse some of the automatic, across - the - board government spending cuts looming at the end of the year would cause the economy to stall on the brink of recession, «with significant spillovers.»

The economy teeters on the brink of recession again.

«We have never been more relevant as we teeter on the brink of another recession, as we have gone through six years of Tories and a decade of declining wages, greater job insecurity and no social democratic response to globalisation,» he said.

Yet, their economy is once again on the brink of recession, having contracted during the last quarter.

Its prime bank rate canada has helped the country remain steady even when the world was on the brink of a recession.

It's certainly possible that this moment, on the brink of recession (or perhaps already in one) is not the moment to make changes that will raise gas and oil prices for American consumers.

«The economy was teetering on the brink of recession before the shock of terrorist attacks on New York and Washington, D.C.. There's no doubt the most recent Federal Reserve cut will have a positive impact on the economy, but its effects will mostly be felt next year, not now.»