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Showing 1 - 2 of 2 results for "Lehmann Bros"

Chief economist update: How deep the global recession?

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... financial crisis of a decade ago, the institution downgraded its 2009 growth forecast from 3.9% (in July 2008 before Lehmann Bros collapse in September of the same year) in succession all the way to a global GDP contraction of 1.4% in July 2009. As late ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... respective economies by lowering interest rates... just when another global recession is ominously looming. Before Lehmann Bros collapsed on the 15 September 2008, policy rates among the world's major central banks were higher - 7.25% for the RBA ...
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