Business
Central Bank Gov: Recession Unlikely
NASSAU, BAHAMAS – The Central Bank Governor is predicting the economy will continue to thrive next year, despite global predictions of a recession in the United States.
NASSAU, BAHAMAS – The Central Bank Governor is predicting the economy will continue to thrive next year, despite global predictions of a recession in the United States.
Central Bank Governor John Rolle says it’s not in the cards for The Bahamas, mainly thanks to the pent-up demand in the tourism sector.
The news came during the bank’s quarterly economic briefing, Monday.
John Hopkins University economists are predicting a recession in 2023 for the U.S.
Despite these grim forecasts, Rolle is saying otherwise.
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