‘Worst is yet to come’: IMF warns the world that 2023 will feel like recession

The International Monetary Fund has warned global economies that the worst is yet to come as it cut global GDP forecast to 2.7%. IMF's top economist Pierre-Olivier Gourinchas has said, "This year's shocks will re-open economic wounds that were only partially healed post-pandemic. In short, the worst is yet to come and, for many people, 2023 will feel like a recession." Watch this video for more details.