MACRO GLOSSARY

What is Recession?

A significant decline in economic activity lasting more than a few months. Officially dated in the US by the NBER. Typically associated with rising unemployment, falling earnings, and bear markets.

Related Terms

Interest Rates
Macro
Central Bank
Macro
Monetary Policy
Macro
Bond Yield
Macro
Inflation
Macro
CPI (Consumer Price Index)
Macro
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