Global Business Network News (@Acmebest)

Global recession could kick off in 2023 | Economy • Latest Market News Major central banks said they are open to raising borrowing costs further in an attempt to ramp up efforts in fighting inflation. The ECB is likely to act more aggressively than others because inflation is still in double digits there, while the UK and US have slightly lower figures. The Federal Reserve, European Central Bank and the Bank of England said rate hikes will continue next year even though their economies are weakening more and more every day. This increases the risks that demand and the labor market will worsen, which could cause a downturn in the global economy next year. Read more: ► http://www.kit-jobs.ru/forex/analytics.php ☆☆☆☆☆ #Economy #EconomyNews #MarketNews #Market #inflation #EconomyUS #US #UK #EconomyEngland #England #bank #banks #labormarket