Recession Chatter Grows Louder as Fed Looks Set for Another 75-Basis Point Hike
Global shipping giant Maersk is the latest company to join the recession bandwagon. Several economists predict a global recession amid aggressive rate hikes by central banks globally.
The US Federal Reserve has been the most aggressive major central bank globally. It has already raised rates by 3 percentage points this year. It started with a 25-basis point rate hike in March and has since...