#01 - Why recessions trigger fears
Jan 30, 2019 ·
8m 29s
The psychology of a recession, Episode 1 - A significant growth slowdown triggers anxiety that worse is to come. Households and companies hate uncertainty, confidence drops and a negative spiral...
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The psychology of a recession, Episode 1 - A significant growth slowdown triggers anxiety that worse is to come. Households and companies hate uncertainty, confidence drops and a negative spiral develops. Although central banks may adopt a more dovish tone, the minds will still be dominated by a feeling that growth is missing.
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Information
| Author | BNP Paribas Economic Research |
| Website | - |
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