The Current Economic Downturn: Causes and Consequences Global economies are currently facing a downturn. Inflation rates are rising in many countries, and businesses are feeling the strain. Central banks are taking action, but their policies are having mixed results. Understanding today’s economic landscape requires looking at multiple factors—rising prices, increased debt, and uncertain employment rates. The Inflation Surge Inflation is a pressing issue for many economies. The cost of living has surged, especially.. Read More