Projection for economic growth downgraded to 1% for 2023
The European Central Bank is expected to raise interest rates again mid-month
Shifts in the composition of debt may slow down the effects of tightening, paper says
Central banks' pivot could test markets' resilience
Unlike past episodes, strong recovery not likely to reignite world economy, Fitch says
Bank of America, Goldman Sachs predict U.S. will hike rate to 5.25% or 5.5%
January's solid spending will likely raise pressure on the Federal Reserve to hike rates further
Already up, defaults are expected to reach historic norms in 2023
Kazuo Ueda has the difficult task of steering the world's third-largest economy out of a time of ultra-easy credit
Post-pandemic demand surge to give global GDP an assist too, Goldman Sachs says