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Global economic outlook: GDP growth upgrades, downgrades and sticky inflation
Political uncertainty is high in 2024. Numerous key elections are slated for this year – and the outcomes will determine paths for fiscal and trade policy. Meanwhile, geopolitical shocks, such as Israel-Hamas and Russia-Ukraine conflicts, continue to dominate the headlines. How are these factors – and more – shaping the economic outlook? Where are the growth hotspots? Visit the store to read our latest Global economic outlook in full. And read on for a few selected highlights. Global growth is forecast to slow to 2.5% in 2024, from 2.7% in 2023. We expect 2024 to be a pivotal year as consumption rebalances from ... (full story)