Recession will be ‘hard to avoid’ for some countries as stagflation risks rise: World Bank


The World Bank warned Tuesday that the global economy faces the risk of dreaded “stagflation,” with this combination of high inflation and low growth tipping some countries into recession. “The war in Ukraine, lockdowns in China, supply-chain disruptions, and the risk of stagflation are hammering growth. For many countries, recession will be hard to avoid,”…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Lumber Futures – March 30, 2023
USDA to ship California timber to Wyoming mill
Stocks hold steady as some calm remains on Wall Street
Only Some Construction Material Costs Easing, Others Elevated and Sticky
Lumber Futures – March 28, 2023