
Business Wire
DBRS Morningstar: 2023 Sovereign Outlook: Policies Matter
NEW YORK, February 08, 2023–The global economic outlook for 2023 remains weak. Most of the major European economies are expected to experience very modest growth, including France, Germany and Italy, while the U.K. is likely to suffer negative growth. North America is similarly at risk of tipping into a mild recession. China’s growth is picking up due to its delayed recovery from COVID-19, and Japan is also seeing growth accelerating. Nonetheless, with global interest rates still on the rise, t