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Recession fears recede, but inflation's still a big risk - 3 chief economists on the global outlook

Radio Davos

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The Risks of Unemployment in the Global Economy

I don't think we're headed for that type of environment. There are certainly hints that may sound stagflationary because we're seeing slower growth and still elevated inflation. I would anticipate that if we see some potential recessions across the world, that will put downward pressure on inflation. And potentially in some sectors lead to outright deflation, so where prices are falling.

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