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ICYMI - S&P forecasts a US recession in Q1 and Q2 of 2023

ICYMI - S&P forecasts a US recession in Q1 and Q2 of 2023

A statement issued by S&P Global Market Intelligence executive director for economic research Sara Johnson on Wednesday forecast 1.9% world real gross domestic product (GDP) in 2023, a rate that falls short of potential but averts a global recession.

  • Sees an acceleration in mainland China and sustained moderate growth in the emerging markets
  • Sees global growth of 3.0% in both 2024 and 2025.

Monetary tightening will succeed in slowing inflation rates, which in t... Read More

Posted: Jan 26 2023, 02:25
Author Name: forexlive
Views: 110635

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