Marketing Scoops: Risk of Global Recession in 2023 Rises Amid Simultaneous Rate Hikes, World Bank | Online Marketing Tools | Scoop.it

Global RAs 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 the World Bank.ecession & Inflation