Slow Growth In Global Economy Continues: MOODY’S

Moody’s investor service predicts in 2023, various central banks will cause slow global economic growth.

According to it, the monetary policy tightening will result in a negative impact on economic activity and employment majority of major economies.

As per the prediction,

• A 2% downshift is expected in the global economy.
• Inflation continues to be moderate.

Earlier, a 2.7% downshift was observed in the global economy in 2022