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Global slowdown to hit Europe the hardest - OECD

Global slowdown to hit Europe the hardest - OECD
  • Central scenario is not for a global recession
  • But a significant growth slowdown in 2023, as well as still high but declining, inflation
  • Europe to be hit the hardest amid the worst energy crisis since the 1970s
  • Further tightening of monetary policy is essential to fight inflation
  • Sees global growth of 3.1% in 2022, 2.2% in 2023, 2.7% in 2024
  • Sees US growth of 1.8% in 2022, 0.5% in 2023, 1.0% in 2024
  • Sees Eurozone growth of 3.3% in 2022, 0.5... Read More
Posted: Nov 22 2022, 10:16
Author Name: forexlive
Views: 102237

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