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UNCTAD warns of global recession triggered by U.S. interest rate hikes

CGTN, 04 Oct 2022
For more:
https://news.cgtn.com/news/2022-10-04/UNCTAD-warns-of-global-recession-triggered-by-U-S-interest-rate-hikes-1dRaMsEs836/index.html

Monetary and fiscal policy moves in advanced economies might lead to a global recession and prolonged stagnation, inflicting worse damage brought by the financial crisis in 2008 and the COVID-19 pandemic in 2020, according to a report released by the United Nations Conference on Trade and Development (UNCTAD) Monday.

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