Barclays says global recession unlikely, cuts growth expectations - Rappler

'Higher prices for energy and food will squeeze real wages, dragging consumption lower and complicating the growth/inflation trade-off for central banks,' Barclays economists write

A global recession is unlikely despite the raging war in Ukraine, Barclays said on Thursday, March 24, even as the brokerage cut its 2022 growth forecast to 3.3% from 4.4% before the conflict. Barcl… [+950 chars]

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