IACPM Outlook Survey Shows Rising Global Credit Concerns in the Face of Inflation, Higher Interest Rates and Reduced Bank Liquidity; Continuing Threat of Recession By Year-End

New York, NY – Respondents to the latest IACPM Credit Outlook Survey point to several major concerns in forecasting continued global credit deterioration and the strong possibility for a recession by the end of the year. The respondents, who are members of the International Association of Credit Portfolio Managers, say ongoing challenges posed by rising inflation, higher interest rates and geopolitical concerns are now joined by a threat to credit availability caused by reduced bank liquidity and credit risk concerns.