recession

SCSU’s Banaian; Where Gas Prices are Going and Possible Recession
SCSU’s Banaian; Where Gas Prices are Going and Possible Recession
Gas prices are on the rise but where will they peak? St. Cloud State Dean, School of Public Affairs and Economics Professor King Banaian joined me on WJON. He says due to Sauk Arabia announcing that they will extend their voluntary production cuts of 1 million barrels per day through the end of the year.
SCSU’s Banaian: There is a Belief a Recession Can Be Avoided
SCSU’s Banaian: There is a Belief a Recession Can Be Avoided
Recession has been a hot topic of discussion in regards to the economy for quite some time. St. Cloud State Economist and Dean, School of Public Affairs King Banaian joined me on WJON. He says there is a belief by economists that a recession can be avoided with a "soft landing" where inflation is brought down.
SCSU’s Banaian; Gas Price Drop is a Sign of Something
SCSU’s Banaian; Gas Price Drop is a Sign of Something
Gas prices in the St. Cloud area and throughout the nation have been dropping for quite a few weeks now. St. Cloud State Dean, School of Public Affairs and Economic professor King Banaian joined me on WJON. He says the steady decline in gas prices is a sign of decreased demand but could also be a sign that we are already in a recession or will be soon.
SCSU’s Banaian Still Doesn’t Expect a Recession in 2022
SCSU’s Banaian Still Doesn’t Expect a Recession in 2022
The cost of goods and services have been on the rise due to inflation for the past 6 months. King Banaian is the Dean, School of Public Affairs and Economics professor at St. Cloud State. He says with an unemployment rate below 4% and prices rising because people can afford to spend more, he has a hard time believing we're going to have a recession anytime soon.