World economy is headed for recession in 2023 amid rate hikes: Research

World economy is headed for recession in 2023 amid rate hikes: Research

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The world faces a in 2023 higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research. The global surpassed $100 trillion for the first time in 2022 but will stall in 2023 as policy makers continue their…

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