Global recession? Not yet, economists say — but brace for high prices, low growth - CNBC


5/29/2022 12:00:00 AM2 years 11 months ago
by Su-Lin Tan

As the war in Ukraine and pandemic disruptions wreak havoc on supply chains, stagflation could linger for another year, said Simon Baptist of the EIU.

A global recession is not imminent, but brace for rising costs and slower growth, economists say.  "There will be no sudden 'after' of stagflation," said Simon Baptist, global chief economist at the… [+4657 chars]

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