KPMG’s latest Global Economic Outlook offers a sense of what lies ahead, amid deeply uncertain times we find ourselves in. In the report, KPMG’s economists based around the world offer their view on the economic landscape in the coming months and years.
Deceleration in growth in some of the world’s largest economies, coupled with little impetus elsewhere, could see global GDP growth easing slightly in 2024. Weaker momentum should help push down inflation, with average world inflation expected to halve by 2025. Monetary tightening cycle is reaching its end, but there could be an increasing divergence in the timing and the extent of easing by central banks.
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Speaker - Moustafa Ali, Economist, KPMG