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- The global economic outlook for 2023-2024 is characterized by slower growth1234. The global economy is projected to grow by 1.7% in 2023 and 2.7% in 20241. However, this growth is expected to be widespread, with forecasts revised down for both advanced economies and emerging market and developing economies1. Central bank policy rates to fight inflation continue to weigh on economic activity2. Global headline inflation is expected to fall from 8.7% in 2022 to 6.8% in 2023 and 5.2% in 20242.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The global economy is projected to grow by 1.7% in 2023 and 2.7% in 2024. The sharp downturn in growth is expected to be widespread, with forecasts in 2023 revised down for 95% of advanced economies and nearly 70% of emerging market and developing economies.www.worldbank.org/en/news/press-release/2023/0…Global growth is projected to fall from an estimated 3.5 percent in 2022 to 3.0 percent in both 2023 and 2024. The rise in central bank policy rates to fight inflation continues to weigh on economic activity. Global headline inflation is expected to fall from 8.7 percent in 2022 to 6.8 percent in 2023 and 5.2 percent in 2024.www.imf.org/en/Publications/WEO/Issues/2023/07/…The baseline forecast is for global growth to slow from 3.5 percent in 2022 to 3.0 percent in 2023 and 2.9 percent in 2024, well below the historical (2000–19) average of 3.8 percent. Advanced economies are expected to slow from 2.6 percent in 2022 to 1.5 percent in 2023 and 1.4 percent in 2024 as policy tightening starts to bite.www.imf.org/en/Publications/WEO/Issues/2023/10/…EIU forecasts that the global economy will continue to skirt a recession, growing by 2.3% in 2024 - the same rate as estimated in 2023. Faster growth in Europe (led by Germany) will counteract softer US expansion in 2024, while moderate stimulus will stabilise China’s economy.www.eiu.com/n/wp-content/uploads/2023/09/Globa…
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