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Jan 13, 2023 23:34 min MINS

Top 10 economic predictions for 2023

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Chris Varvares
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Ken Wattret
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Joel Prakken
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Todd C. Lee
Sara Johnson

Supply chain disruptions, persistent inflation and the removal of pandemic-related government support and accommodative monetary policy provided a challenging economic environment in 2022. After Russia’s invasion of Ukraine, the upheaval in processed materials and commodities markets – especially for energy – took those challenges to a new and more pernicious level. How will the global economy fare in 2023 as markets, firms and consumers continue to adjust to the confluence of these major headwinds?

S&P Global Market Intelligence economists reveal our top 10 predictions for the global economy in 2023, including the prospects for taming inflation, the extent of monetary policy tightening, and the likelihood of a global recession.


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