The outlook for the global economy continues to weaken as the combination of elevated prices and tighter monetary policy weighs on economic activity. Clearly, inflation has, at a minimum, altered the economic mood, and potentially reset the path of global and national economics worldwide for some years to come. In this report, we will reflect on the potential upcoming recession in the Eurozone and United States (US), while illustrating the stubbornly high inflation in the aforementioned areas.
For the full report, please click on the below link:
Inflation and Central Banks’ Reaction