“I expect a deep recession in Europe”

davos The uncertain outlook for the global economy is one of the top issues at the World Economic Forum in Davos. Is the recession coming? Is inflation solidifying? What about the future of globalization? These are the big questions that top economists will talk about in Davos.

So does the renowned Harvard scientist Ken Rogoff, who warns of the consequences of a significant downturn in the USA. The US Federal Reserve has announced that it will accept a recession in the fight against inflation, also to prevent later consequences of the high prices. However, it is far from clear whether the plan will work, warns the economics professor at the elite Harvard University in an interview with the Handelsblatt.