Global inflationary tensions were caused by geopolitical upheavals, commencing with the Russia-Ukraine war, which increased the cost of food and energy commodities. After then, the US Federal Reserve started a cycle of rate increases. In turn, this has fueled worries about a worldwide recession brought on by sluggish growth in major nations and rising inflation, which has reached a 41-year high in the U.K. Numerous analysts think that the effects of numerous Federal Reserve rate rises are about to trigger a recession in 2023. We have talked with our industry experts on how investors can make recession-proof investments since the odds of a global recession are increasing as central banks boost interest rates in the midst of ongoing combat against soaring inflation.
