"Soaring #inflation, rising interest rates, and growing recession fears have created a perfect storm of economic uncertainty. Consumers are pulling back on spending, businesses are cutting costs, and investors are fleeing to safer assets." — Wall Street Journal

"The global #economy is facing a confluence of challenges, from the lingering effects of the pandemic to the fallout from the Russia-Ukraine war. These headwinds have eroded consumer confidence and stoked fears of a looming recession." — The Economist

"Yield curves have inverted, often a harbinger of an economic downturn. Corporate earnings are starting to disappoint, and layoffs are mounting across various industries." — Bloomberg

"Policymakers are struggling to strike the right balance between taming inflation and avoiding a hard landing. The risk of a policy mistake that tips the economy into a severe #recession is uncomfortably high." — Financial Times