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
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