Why the IMF says 2023 will feel like a recession
STORY: The IMF says 2023 will feel like a recession
Trillions of dollars were spent during the pandemic on keeping businesses and households afloat.
But as lockdowns ended, the global economy boomed.
Factories couldn’t keep pace. Lingering restrictions created labor shortages. And energy prices spiked.
Then Russia invaded Ukraine - sending fuel costs even higher.
The International Monetary Fund is warning “the worst is yet to come and for many people, 2023 will feel like a
recession."
Why it matters
Double-digit inflation hits people on low incomes the hardest.
The squeeze on living costs is tightening as winter fuel bills soar.
Striking workers want wages to keep pace with inflation. But they’re often having to settle for less.
The World Food Programme estimates an extra 70 million people worldwide have been driven closer to starvation since the start of the Ukraine war - in what it calls a "tsunami of hunger".
What it means for 2023
Central banks have hiked interest rates to cool demand and tame inflation.
The IMF predicts global inflation at 4.7% by the end of 2023 - less than half its current level.
The aim is for a soft landing without housing crashes, bankruptcies or surging joblessness.
But that best-case scenario has proven elusive in the past.
相關影片推薦
- 1:48美樂透「兆彩」連槓30次 頭獎361億元終開出 創紐澤西紀錄Yahoo奇摩(國際通)70,752 次觀看・15 小時前
- 2:02歐洲最長「超級高鐵」測試軌道開通 34鋼管連結420公尺路線、時速可達700公里Yahoo奇摩(國際通)14,602 次觀看・13 小時前
- 1:23寶林食安風暴2死者解剖 死者家屬盼司法還公道民視影音5,293 次觀看・13 小時前
- 0:45台北橋塞爆! 卡40分鐘 騎士控紅綠燈調配出包東森新聞影音72,128 次觀看・11 小時前
- 4:14一分鐘報天氣 / 週五 (03/29) 週四夜至週五鋒面快速掠過 僅北部及東部轉有短暫陣雨Yahoo奇摩新聞(報氣象)1,800 次觀看・9 小時前
- 1:3845歲女醫院櫃檯前突昏倒 甲狀腺亢進引發心肌梗塞民視影音37,595 次觀看・9 小時前
- 9:18番茄這樣做竟然這麼好吃,不用炸不用煎,加1塊豆腐,能讓你多吃兩碗飯,香!.芭樂媽的家 Qistin Wong TV62,371 次觀看・3 天前
- 1:09韓女星聚餐醉到不省人事 老公被拍到「背她上車」事後甜喊:我一輩子對你好娛樂星聞97,006 次觀看・1 天前
- 1:31穿睡衣褲上班! 中國員工「噁心穿搭」風潮|#鏡新聞鏡新聞4,902 次觀看・1 天前
- 1:54終於出面! 寶林老闆黎仿軒進北市府 全程沉默TVBS新聞網影音973 次觀看・5 小時前