Posted 1/16/2024, 1:23:00 AM
Economists Foresee Global Slowdown in 2024 Amid Conflicts and Deflation
- Majority of economists believe economic activity will slow down in 2024 due to global conflicts and long-term deflationary efforts
- 56% expect the global economy to weaken, with Europe in the worst shape regionally
- Just under half expect a U.S. economic slowdown; 13% expect high inflation
- Economists show some optimism on cooling inflation globally
- Nearly 90% said volatility in global economy set to increase over next 3 years