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Recession Dangers Augur New Era of Policy Trade-Offs

From bnnbloomberg.ca

A new snapshot of the global economy’s weakening growth and persistent inflation will arrive in the coming week, just as surveys reveal headwinds for manufacturers from the US to Europe and Japan. The OECD’s forecasts on Tuesday will show how officials at the Paris-based organization perceive a loss of momentum gripping countries around the world amid multiple shocks ranging from the energy crisis triggered by Russia’s invasion of Ukraine, to surging consumer prices and persisting supply squeezes. The OECD’s previous projections, made in September, already suggested a worsening growth outlook for 2023. With ... (full story)

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  • Category: Fundamental Analysis