"We Are In A Very Critical Moment": IMF Cuts Global GDP, Raises Inflation Outlook, Warns "World Teetering On Edge Of Recession"
https://www.zerohedge.com/markets/we-ar ... arns-world
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.
Investors expect central banks to raise global monetary policy rates to almost 4% through 2023 — an increase of more than 2 percentage points over their 2021 average.
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