News December 8, 2022

World Outlook 2023: Is recession looming?

We are at a defining moment for the global economy: inflation is running at multi-decade highs, central banks are pursuing their most aggressive tightening cycles for a couple of generations, and a recession is now increasingly expected in the US and Europe. As 2023 nears, there is a growing consensus that it is shaping up to be the third-worst year for global growth in the 21st century so far, behind only the pandemic year in 2020 and the aftermath of the financial crisis in 2009. But is it really all bad?  Listen to our experts Peter Hooper, Matt Luzzetti, and Mark Wall, as they discuss their World Outlook 2023.

Peter Hooper, Matt Luzzetti, and Mark Wall, on the World Outlook 2023

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