Risk of Global Recession in 2023 Rises Amid ... - World Bank Group
https://www.worldbank.org/en/news/press-release/2022/09/15/risk-of-global-recession-in-2023-rises-amid-simultaneous-rate-hikes
WebSep 15, 2022 · WASHINGTON, September 15, 2022 —As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial crises in emerging market and developing economies that would do them lasting harm, according to a comprehensive new study by …
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