2 in 3 economists expect global recession this year: World Economic Forum survey ...Middle East

Nearly two-thirds of leading world economists said that a global recession is likely this year and there is near unanimity that there will be weak economic growth in the U.S. and Europe, according to a new survey. The World Economic Forum’s Chief Economists Outlook echoes expert opinions that a recession could be nearing in 2023, as major economies attempt to quell inflation. On inflation, though, the 22 world economists are a bit more optimistic. Just 24 percent of those surveyed expect high inflation in the U.S., while 57 percent say it is likely in Europe. Just 5 percent of economists polled expect high inflation in China. As the Federal Reserve has taken steps in recent month

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Last updated : 16 January 2023 clock 06:33 PM

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2 in 3 economists expect global recession this year: World Economic Forum survey ...Middle East

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