Fitch Ratings on Tuesday presented another gloomy report by suggesting that the US economy may witness a 1990-style mild recession, starting spring next year. A combination of stubborn inflation and the US Central Bank's three consecutive interest rate hikes will lead to such a recession, explained the credit rating agency.

US economy may sink into mild recession next spring, reminiscent to 1990: Fitch Ratings

Key driver of 2008 financial crisis goes unpunished despite pressure to target bankers and mortgage companies responsible for the collapse

Countrywide Official ex-CEO Mozilo no longer under fraud investigation

2008-great-recession

2008 Great Recession, News on 2008 Great Recession, stories on 2008 Great Recession, articles on 2008 Great Recession, 2008 Great Recession stories at Wion, 2008 Great Recession news, 2008 Great Recession latest news

2008 great-recession

US economy may sink into mild recession next spring, reminiscent to 1990: Fitch Ratings

Countrywide Official ex-CEO Mozilo no longer under fraud investigation