World Economic Forum: Global Recession Likely in 2023, Say Chief Economists
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A majority of the World Economic Forum's chief economists expect a global recession in 2023, besides seeing geopolitical tensions continuing to shape the global economy. They also anticipate further monetary tightening in the US and Europe. These findings were part of the 'Chief Economists Outlook: January 2023' report launched at the ongoing five-day World Economic Forum annual meeting.
