What Will Happen To The Economy In 2023
In recent months, money supply has stagnated and that’s likely to lead to an economic slowdown, hanke warned. No cfo forecast a recession any later than the second half. If the fed’s net liquidity is to decrease further in the future, as it seems to be, the markets can be expected to follow this decline. Deutsche bank is the first major bank to forecast a us recession.
Economy has little chance of falling into a recession this year or next unless the federal reserve raises interest rates more than they are currently projecting, according to a new forecast released yesterday at the 13th annual inland empire economic forecast conference, hosted by the uc riverside school of business. Added to that is the world economy facing deep threats from trade wars. The digital economy is projected to grow 6.4% per year and is expected to be the real winner in 2023. Canadian businesses and governments will invest more than $50 billion in digital projects to access a growing global market in the coming years.