The global economy grew strongly in the first quarter of 2023. At the same time, inflation remains too high, which is why central banks will continue to pursue a restrictive monetary policy. Although growth indicators are good to strong, there are therefore increased risks of recession.
![Where is the recession? Where is the recession?](https://blog.en.erste-am.com/wp-content/uploads/2023/04/ussama-azam-26h317_UMYM-unsplash-scaled-1-370x210.jpg)