1. Analysts said the central bankers also acted to avoid being blamed for triggering a recession that likely would have carried into the presidential election campaign next year. 2. A market drop may not trigger a recession, but a recession always harms the stock market. 3. Escalating energy prices could help trigger a recession, he said. 4. He warned that additional interest-rate increases would trigger a recession for the city next year. 5. If, in bursting the bubble, the Fed triggers a recession, it will get all the blame. 6. If the stock market plunge dampens consumer and business spending, it could trigger a recession. 7. Some economists feared any negative talk would scare consumers and trigger a recession, but Americans kept spending at record levels. 8. The Clinton administration downplayed signs of economic weakness, saying that a modest slowdown in the long run is unlikely to trigger a recession. 9. The Federal Reserve has managed to tame inflation without triggering a recession, New York Federal Reserve Bank President WIlliam J. McDonough said. 10. What brought the parties together was a series of bank failures that triggered a recession in the Scandinavian countries five years ago. |