Inflation risks may be fading but recession risks are growing

The year was largely entered with a sense of optimism as life was expected to settle after the Covid-19 pandemic. But just as business as usual started to resume, Russia's invasion of Ukraine and persistent supply-demand imbalances driven by the pandemic rocked markets.  The economy is currently a delicate balancing act for central banks and governments worldwide. Economists predict UK to face worst recession of G7 We now find ourselves at a pivotal moment, with the scales set to tip.   Inflationary pressures - persistent throughout much of 2022 - are now showing signs of eas...