Newsletter – November, 2022

As nations around the world grapple with high inflation, the fulcrum of central banks has moved towards taming inflation, even if it’s at the cost of growth. Expectations for growth have been trimmed in all regions and almost three quarters of respondents (surveys organized by the WEF’s Centre for the New Economy and Society) now consider a global recession to be at least somewhat likely. However, recession is unlikely to hit India due to its ‘not so coupled’ nature with global economy.