Economists Express Concerns Over Global Economic Outlook for 2024 Amid Central Bank Rate Cut Delays
The comments below are an edited and abridged synopsis of an article by Jane Ai-sten
Economists around the world are growing increasingly cautious about the economic prospects for the year 2024, as central banks opt to delay anticipated rate cuts.
Persistently elevated interest rates in major economies are expected to contribute to a slowdown in global growth, following a surprisingly robust performance in 2023.
Up for discussion: Slower growth projections; inflation and delayed rate cuts; global factors contributing to pessimism; and navigating uncertainty in a shifting economic landscape.