S&P Ratings Predicts 'Shallow Recession' in US if Global Woes Persist

S&P Ratings Predicts 'Shallow Recession' in US if Global Woes Persist

WASHINGTON (Sputnik) – S&P Global Ratings said on Wednesday that it projects a “shallow recession” in the United States if the global economy continues to be impacted by the Ukraine-Russia conflict, the European energy crisis and increasing interest rates in developed countries.

Sputnik News

South Africa Today – World News – Latin America