2024 Outlook: Global Economy Faces Uncertainty Amid Inflation, Debt Concerns, Geopolitical Tensions
• The global economy faces major uncertainties in 2024 related to inflation, interest rates, debt levels, China's growth, and geopolitical tensions.
• The US and Japan could face economic slowdowns despite recent resilience. Emerging markets remain vulnerable to crisis.
• China aims to restore 5% growth but faces challenges from tech curbs, high debt levels, and overreliance on real estate.
• The Bank of Japan must carefully transition away from ultra-low rates without triggering crises.
• Geopolitical flashpoints like Taiwan, the 2024 US election, and Ukraine could further destabilize the global economy.