What 2023 has in store for usJean-Pierre Danthine: “The recession is inevitable”
The global recession is inevitable, and even necessary, pleads the former vice-president of the Swiss National Bank.
This article was written by the journalists of “Bilan”. Find the follow-up of the news on Bilan.ch
With 3% inflation in 2022, Switzerland is an island of relative stability in a severely deteriorated global economy. Faced with price increases not seen for several decades, the European and American central banks have started a drastic increase in interest rates to try to avoid an inflationary spiral, already experienced in the 1970s.
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