High Inflation to Remain in 2023 While Global Growth Slows, Interest Rates to Stay High - Reuters Poll
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High inflation will persist in 2023, with risks skewed higher according to Reuters poll of economists.
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Majority think interest rates will stay higher for longer, with rate cuts likely delayed to mid-2024.
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Global economic growth forecast lowered to 2.6% in 2023 due to high inflation and interest rates.
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U.S. economy grew nearly 5% in Q3, underscoring its strength compared to global peers.
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Even Bank of Japan expected to abandon negative rates in 2023 as per poll.