NEW YORK: The global economy is teetering between “the ice of recession and the fire of inflation” as policy-makers struggle to battle rising prices without choking off growth, data and comments from officials around the world showed on Friday. US economic figures showed sentiment among consumers remained near 28-year lows this month, with the vast majority convinced that the country is in a recession that is only getting worse. They also expect inflation to rise...
photo: AP Photo / Apichart Weerawong, File
