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Global RAs central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023 and a string of financial crises in emerging market and developing economies that would do them lasting harm, according to a comprehensive new study by the World Bank.ecession & Inflation 
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Annual U.S. inflation rates reached 8.5% in March 2022, marking a 40-year high. With the prices of gas, foodstuffs and labor soaring, the Federal Reserve is anticipated to continue a series of aggr…
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The stock market tanked on Friday despite the August jobs report coming in slightly lower than expected and dropping significantly from last month, which did little to ease investor concerns about …
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