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Economist Mohamed El-Erian says US economy has relied too heavily on Fed for growth; responsibility for boosting economy should fall to Congress, which could drive sustainable rebound through tax reform, reinvestments in infrastructure and education
Published: March 23, 2023 by Business Insider
UK public sector net borrowing was £16.7B in February, up £9.7B from February 2022; public sector net debt was £2.51T at the end of February, or 99.2% of GDP: ONS
Published: March 21, 2023 by UK Office for National Statistics (ONS)
Federal Reserve coordinated with Bank of Canada, Bank of England, Bank of Japan, European Central Bank, Swiss National Bank to enhance provision of liquidity through US dollar swap line arrangements; move signals concern over turmoil in financial systems
Published: March 20, 2023 by Zawya
GlobalData: 2023 Russian economy's outlook looks dismal as impact of sanctions starts materializing in full, but rate of contraction in real GDP expected to slow to 2% in 2023 from 3% in 2022, as country is redirecting its trade away from western nations
Published: March 17, 2023 by GlobalData Plc
HSBC: Mexico's economy not expected to enter major recession as could happen in US; 13 of 14 sectors of the economy in 2022 have shown a recovery to pre-pandemic levels, and expected to continue their upward consolidation for 2023
Published: March 17, 2023 by CE Noticias Financieras

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