Global economy heads for recession

We have cut our forecast for global economic growth to only 1.6% in 2023, below the International Monetary Fund definition of a global recession of 2%. In this podcast Joseph Capurso, Head of International and Sustainable Economics and Belinda Allen, Senior Economist discuss the drivers behind this view, the outlook for major central banks and the risk of stagflation. The outlook for China, the US, Japan, Canada, the UK and the Eurozone are also unpacked.

 

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