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Inflation ran rampant, stock market screens turned red, crypto crashed, tech stocks wiped out trillions and the global economy appears to be heading into recession: A 2022 global economy recap.
The global economy has endured a tough year, with decades-high inflation sapping post-lockdown spending and pushing central banks to hike borrowing costs at an unprecedented clip to bring it under ...
Supply chains. Another key shaper of the global economy in 2022 is supply chains. Tie-ups and shortages of labor and goods have been driving up prices and fueling inflation.
The global economic outlook is deteriorating due to inflation-fighting efforts by central banks, the war between Russia and Ukraine, and China’s prioritization of political control over economic ...
Is the global squeeze perhaps going too far? It is hard enough to pick the right interest rate for just one economy. How do you pick the right rate if your neighbors are all increasing theirs, too?
The near-term risk of global recession may have receded, but the world economy remains fragile. Even in the economies showing resilience, the recent upbeat mood could vanish as the slow-acting ...
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all experience weakening activity, the head of the ...
Inflation and fears of a recession are dominating headlines in the U.S., and a series of global crises means that the economic outlook is even more precarious in some other parts of the world.
What’s at Stake for the Global Economy as Conflict Looms in Ukraine Countries that depend on the region’s rich supply of energy, wheat, nickel and other staples could feel the pain of price ...