scorecardresearchOil prices and financial markets brace for recession

Oil prices and financial markets brace for recession

Updated: 16 Sep 2022, 08:32 AM IST
TL;DR.
The apparent contradiction between the real economy and financial markets has puzzled some commentators but is normal around a peak in the business cycle.
(FILES) In this file photo taken on April 13, 2022 the World Bank headquarters in Washington, DC. - The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the World Bank warned on September 15, 2022, calling on governments to help boost supply to ease the constraints behind rising prices. Inflation worldwide has been rising at the fastest pace seen in decades, due to supply constraints amid high demand as countries emerged from the pandemic. It has been exacerbated this year by the Russian invasion of Ukraine and Covid lockdowns in China. (Photo by Stefani Reynolds / AFP)

(FILES) In this file photo taken on April 13, 2022 the World Bank headquarters in Washington, DC. - The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the World Bank warned on September 15, 2022, calling on governments to help boost supply to ease the constraints behind rising prices. Inflation worldwide has been rising at the fastest pace seen in decades, due to supply constraints amid high demand as countries emerged from the pandemic. It has been exacerbated this year by the Russian invasion of Ukraine and Covid lockdowns in China. (Photo by Stefani Reynolds / AFP)