Economists Predict Slowed Growth in Europe, More Volatility from AI and Geopolitics
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Economists predict weakened global economic growth, especially in Europe, while China and the U.S. will see moderate or stronger growth.
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Tight financial conditions are expected to loosen as inflation falls, despite central banks signaling interest rates have peaked.
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94% expect AI to strongly boost productivity in high-income economies, but only 53% predict the same for low-income ones.
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87% predict AI and geopolitics will increase volatility and inequality globally.
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The WEF finds most countries are growing in ways that are neither environmentally sustainable nor socially inclusive.