2024 Economic Outlook: Slower Growth Ahead as Countries Grapple with Inflation and Shift Focus to Productivity
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Peak economic growth is behind us. Growth will slow but economies like the US should outperform.
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Battling inflation continues. Central banks will likely concede their tools can't fully address current inflationary issues.
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Shift to a more supply-driven world economy. Onshoring and productivity gains shape markets more than demand.
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Increased economic decoupling between countries. Growth differences widen across economies.
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More government spending. Fiscal stimulus ramps up further but with rising costs.