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The content originally appeared on: CNN London CNN - The global economy has endured a tough year,with decades-high inflation sapping post-lockdown spending and pushing central banks to hike borrowing costs at an unprecedented clip to bring it under control. Their campaign to manage prices may be working - but potentially at a sizable cost in 2023. 'It is likely that the world economy will face recession next year as a result of the rises in interest rates in response to […]
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