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- The world economy is set for a slowdown as interest-rate increases weigh on activity and China’s pandemic rebound disappoints. Growth will ease to 2.7% in 2024 after an already “sub-par” expansion of 3% this year, according to the latest OECD forecasts.
www.bloomberg.com/news/articles/2023-09-19/global-economy-poised-to-slow-as-higher-rates-bite-oecd-says
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Jul 16, 2024 · As in April, we project global inflation will slow to 5.9 percent this year from 6.7 percent last year, broadly on track for a soft landing. But in some advanced economies, especially the United States, progress on disinflation has slowed, and risks are to the upside.
Jan 30, 2023 · The global economy is poised to slow this year, before rebounding next year. Growth will remain weak by historical standards, as the fight against inflation and Russia’s war in Ukraine weigh on activity.
Jun 11, 2024 · The global economy is expected to stabilize for the first time in three years in 2024—but at a level that is weak by recent historical standards, according to the World Bank’s latest Global Economic Prospects report.
Oct 11, 2022 · The 2023 slowdown will be broad-based, with countries accounting for about one-third of the global economy poised to contract this year or next. The three largest economies, the United States, China, and the euro area will continue to stall.
Jun 8, 2021 · A year and a half since the onset of the COVID-19 pandemic, the global economy is poised to stage its most robust post-recession recovery in 80 years in 2021. But the rebound is expected to be uneven across countries, as major economies look set to register strong growth even as many developing economies lag.
Oct 29, 2022 · The IMF has lowered its global growth forecast for 2022 and 2023 to 3.2% and 2.9%, respectively, suggesting that a global recession may be imminent. The Forum's Chief Economists Outlook for September 2022 surveyed economic leaders from around the world to collect insights on their reading of the global economic situation.
Jan 9, 2024 · Global growth is expected to slow to 2.4 percent in 2024—the third consecutive year of deceleration—reflecting the lagged and ongoing effects of tight monetary policies to rein in decades-high inflation, restrictive credit conditions, and anemic global trade and investment.
