The world’s major economies show heterogeneous dynamics: the US is growing, the EU economy is entering stagnation and stagnation, and China is beset by structural problems. This was reported by “Hit the primer” With reference to a report by the Swiss RE insurance company institute.
We expect the global economy to slow in 2024 as growth weakens and monetary policy tightens. “Major economies are diverging from each other: The United States continues to grow, while Europe is in recession, if not recession,” the report said.
According to their forecasts, global economic growth will drop to 2.2 percent in 2024 and rise to 2.7 percent in 2025 with the decline in inflation. However, inflation in developed countries will remain high for the next decade.
Before that, head of the Ministry of Finance of the Russian Federation Anton Siluanov guess Russia’s economic growth is over 3 percent.
Previously Peskov appreciated projected economic growth rates.
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.