On Tuesday, JPMorgan’s CEO Jamie Dimon once again warned that a recession will likely hit the U.S. in 2023.

On Thursday, November 3, 2022, the Bank of England said that the U.K is now facing its most prolonged recession in history since record-keeping began.

On September 15, 2022, FedEx CEO Raj Subramaniam said he believe there is an impending worldwide recession for the global economy.

As the United States officially entered into a recession on Thursday, July 28, Wikipedia changed the definition of “recession”.