Sentences with phrase «painful recession»

«The memories of the most recent and very painful recession still may be too fresh for most companies to return to the type of decadent parties that were more common prior to the economy's meltdown,» Challenger said.

From an economic standpoint, he foresees inflation fear and Fed tightening, which will be followed by a painful recession.

He has navigated a painful recession while leading the Fed's sweeping efforts to stabilize the nation's troubled financial industry.

Nigeria's economy is exiting a painful recession, but policy implementation needs to move quickly and comprehensively to facilitate economic recovery and help the country reap its longer - term potential, says the IMF in its latest economic health check of sub-Saharan Africa's largest economy.

Following the recent global financial crisis, while the rest of Europe experienced a painful recession, Poland enjoyed continuous GDP growth ranging from 1.6 % per annum at the height of the crisis in 2009 to 4 % a year in 2010 — 2011.

He must navigate a painful recession while leading the Fed's sweeping efforts to stabilize the nation's troubled financial industry.

In the U.S. more recent policy driven examples include Paul Volcker's decision in 1980 to force the U.S. into a painful recession by elevating U.S. interest rates above 20 %.

A painful recession is on the cards - whatever Alistair Darling does next week.

If avoiding a painful recession requires zero or negative interest rates that juice up asset prices and force investors — through financial repression — to reach for yield and take more risk than they should, then — so the wisdom of today's central bankers» goes — so be it.

In the 12 months since my last state of the sector address, we've experienced a major financial crisis, a freeze up in the credit markets, a collapse in housing prices and sales, record foreclosures, a painful recession, a huge jump in unemployment, a surge in bankruptcies, and a dramatic increase in the demand for NFCC Member services.

Yet, as the painful recession of the late 1960s took its toll, the contemporary art world in London remained quiet and small, epitomised by Sol LeWitt's map that defined its limits as existing in a small triangle between Nigel Greenwood Gallery in Chelsea, the Tate Gallery on Millbank and the Lisson Gallery in Marylebone.»

It isn't yet clear how the card market will evolve, especially since this is playing out during the middle of a deep and painful recession.

When California experienced a painful recession in the early 1990s, Thomas led the consolidation of several REALTOR ® associations into the Orange County Association of REALTORS ®.