Recession fears cast shadow over Davos gathering
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"There's the big question, are the central banks going to have to raise interest rates so much it actually snuffs out the growth of the economy? Or are they going to be able to finesse this and generate a soft landing? Many of the conversations here at Davos have been what percentage likelihood do you attach to a recession? Let's say 5050," the CEO of Standard Chartered bank Bill Winters told me.
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