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At Least 7 Major Economies Will Hit Recession in the Next 12 Months, Nomura Says
Six major economies will join the U.S. in falling to recession in the coming year, according to new research by Nomura. The euro area, the U.K., Japan, South Korea, Australia, and Canada will also see economic growth contract due to tightening monetary policy, faster inflation, and worsening financial conditions.
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The...
At Least 7 Major Economies Will Hit Recession in the Next 12 Months, Nomura Says
Six major economies will join the U.S. in falling to recession in the coming year, according to new research by Nomura. The euro area, the U.K., Japan, South Korea, Australia, and Canada will also see economic growth contract due to tightening monetary policy, faster inflation, and worsening financial conditions.
>> Read more
The...
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