Sentences with phrase «severe as the recession»

In fact, it was almost as severe as the recession we experienced in 2008 - 2009.

Not exact matches

Besides listing obvious information such as revenues and assets, Weiss also evaluates the riskiness of various types of insurer investments, then draws conclusions about the insurer's current level of financial strength as well as its ability to withstand a severe recession.

While the probability of a trigger, such as a severe recession, remains low, the bank said the severity of such an event has increased since its December assessment.

The BoE also said it was not clear if the banking system could cope easily with a disorderly Brexit if it came at the same time as a severe global recession and further substantial fines for financial misconduct.

However, the current recession, as noted, is unusually severe, and consumer confidence and trust in business are at record - breaking lows.

Stimulus spending ensured that the downturn wasnâ $ ™ t as severe as it could have been and growth was stronger coming right out of the recession, but since then government austerity has slowed economic growth, putting us behind the even the 1990s recovery (see chart below).

Could the Fed have done more to prevent the recession from becoming as severe as it did?

It will be a lobbyists» bonanza - which many in that industry would see as no bad thing, coming hot on the heels of a severe recession.

Mr Baron argued that saving the euro could make the recession worse, as it forces countries to adopt severe austerity packages instead of considering the alternative of revaluing their currency.

Upstate cities, as well as suburban counties, face severe fiscal stress that have only been deepened in the wake of the financial crisis and slow - growth recovery following the official end of the economic recession.

During the severe recession that began in late 2007, some money market funds «broke the buck» as shares dropped below the $ 1 threshold.

Promising to save the country from both severe recession and industrial decline, Obama described the transformation of the United States» energy economy as a defining challenge of his presidency — an economic and national security imperative that Congress would fail to address at the country's peril.