2023 will bring a global recession, with the economy continuing to be marked by geopolitical tensions and the Fed and the ECB continuing with monetary tightening.
This is the summary of the Chief Economists Outlook, a survey of the chief economists of the major financial institutions and companies. Of which two-thirds – double that of last September – consider a global recession “extremely probable”.
All the economists interviewed in the survey expect weak or very weak growth in Europe, 91% have the same opinion for the USA. Judgment divided for China, where the choice to abandon the zero Covid policy would give a boost to growth, but with repercussions from the health impact all to be evaluated.
Source: Ansa
I am a journalist who writes about economics and business. I have worked in the news industry for over 5 years, most recently as an author at Global Happenings. My work has focused on covering the economy news, and I have written extensively on topics such as unemployment rates, housing prices, and the financial crisis. I am also an avid reader and have been known to write about books that interest me.
