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Economic Headwinds in 2024: A Global Forecast of Slower Growth
As we approach 2024, the tapestry of global economic trends is becoming increasingly complex. Financial institutions signal a deceleration in growth, influenced by a combination of high interest rates, burgeoning energy costs, and the cooling of major economies. Economic Slowdown Forecast The forecast for global economic growth in 2024 has been adjusted to a modest…
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Investors Remain Cautious Despite Absence of 2023 Recession
As we approach the final quarter of 2023, investors are breathing a sigh of relief as the long-anticipated recession has yet to materialize. Economists had been sounding the alarm bells throughout 2022, warning of an impending economic downturn in 2023. However, recent data shows a different picture, with September’s unemployment rate sitting at an impressively…