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The International Monetary Fund said on Tuesday that the world economy was headed for “stormy waters” as it downgraded its global growth projections for next year and warned of a harsh worldwide... More @Wikipedia
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- World Economic Outlook Report October 2022 - IMFThe slowdown in global economic activity is broad-based and sharper-than-expected, with inflation higher than seen in decades. The economic outlook depends on a successful calibration of monetary and fiscal policies, the course of the war in Ukraine, and growth prospects in China.
- The probability of a recession now stands at 35% - J.P. MorganIn light of recent economic developments, J.P. Morgan Research has raised the probability of a U.S. and global recession starting before end-2024 to 35%. The probability of a recession happening by the end of 2025 remains unchanged at 45%.
- Chief Economists Say Global Recession Likely In 2023, But Pressures On ...Almost two-thirds of chief economists believe a global recession is likely in 2023; of which 18% consider it extremely likely – more than twice as many as in the previous survey conducted in September 2022. A third of respondents consider a global recession to be unlikely this year.
- Global Economic Prospects: Sharp, Long-lasting Slowdown to Hit ...WASHINGTON, Jan. 10, 2023 — Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine, according to the World Bank’s latest Global Economic Prospects report.
- Recession in 2023? That depends on where you are in the world20% of the respondents now see an extremely likely chance of a global recession. Outlook for the global economy is gloomy, according to the World Economic Forum’s Chief Economists Outlook. Potential bright spots include easing of inflation and improving consumer sentiment.
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