GDP contraction
Coverage of GDP contraction in the Nexus archive.
- All 32 of the nation's biggest banks clear the Fed's annual 'stress test'
All 32 of the nation's largest banks passed the Federal Reserve's annual stress test, indicating the banking system can withstand a severe economic downturn. The test simulated a scenario with 10% unemployment, a 4.6% GDP contraction, and significant declines in housing and stock markets, yet banks' capital ratios remained well above regulatory requirements. JPMorgan Chase announced increased dividends and stock buybacks following the results.
- No Economic Model Can Predict When Russia Runs Out of Money for War, NBU Says
Russia's seaborne oil export revenues nearly tripled to $2.5 billion weekly in Q1 2026 due to Middle East shipping risks and premium pricing. However, the National Bank of Ukraine reports underlying economic deterioration including GDP contraction, budget deficit overruns, and a 45.4% year-on-year decline in oil and gas revenues, with the timeline to resource exhaustion determined by politics rather than economic models.