How much will a US recession hurt India?4 min read . Updated: 19 Oct 2022, 09:53 AM IST
- India’s growth slowed by 1.5-2.5% even in normal Fed-led recessions when there were no domestic macroeconomic stability concerns.
Global economic activity is experiencing a “broad-based and sharper-than-expected slowdown", with inflation at record-high levels, the International Monetary Fund (IMF) said in its latest World Economic Outlook. Several economies, including the US, are already going through a slowdown for months. The hot question that’s dividing economists is: what’s in store for India?
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