Mapped: GDP Growth Forecasts By Country, In 2023
Since Russia’s invasion of Ukraine early last year, talk of global recession has dominated the outlook for 2023. High inflation, spurred by rising energy costs, has tested GDP growth. Tightening monetary policy in the U.S., with interest rates jumping from roughly 0% to over 4% in 2022, has historically preceded a downturn about one to two years later. For European economies, energy prices are critical. The good news is that prices have fallen recently since March highs, but the continent remains on shaky ground. Q4 2022 hedge fund letters, conferences and more 2023 GDP Growth OutlookThe world...