Central banks risk plunging developed world into recession – OECD — RT Business News

Central banks risk plunging developed world into recession – OECD — RT Business News

Source link Central bankers’ continued fight to bring rampant inflation under control could plunge developed countries into recession next year, the Organization for Economic Co-operation and Development (OECD) has warned. According to its global outlook, issued earlier this week, the tightening of monetary policy since early 2022 is slowing domestic demand growth, while interest rates […]