Even as it looks like the US Federal Reserve will take the slower path hereon to interest rate hikes, a recession in the world’s largest and second largest economies is imminent and is expected to remain through the first half of 2023.
But the big disruptions of 2022 such as supply-side bottlenecks and inflation will stabilise. An improved economic landscape in the second half of 2023 is an expectation penned down by several economists.
