Moody's Says Global Economy Faces A Reckoning Overinflation, Geopolitics And Policy Trade-Offs

Follow us on Google News:
 Moody's Says Global Economy Faces A Reckoning Overinflation, Geopolitics And Policy Trade-Offs
Image source: ©2022 Kalkine Media®

Nov 10 (Reuters) -


* MOODY'S SAYS GLOBAL ECONOMY FACES A RECKONING OVERINFLATION, GEOPOLITICS AND POLICY TRADE-OFFS

* MOODY'S SAYS GLOBAL GROWTH WILL SLOW IN 2023 AND REMAIN SLUGGISH IN 2024

* MOODY'S SAYS A PERIOD OF RELATIVE STABILITY COULD EMERGE BY 2024 IF GLOBAL GOVTS, CENTRAL BANKS MANAGE TO NAVIGATE ECONOMIES THROUGH CURRENT CHALLENGES

* MOODY'S SAYS EXPECT REAL GDP GROWTH OF G-20 ECONOMIES TO DECELERATE TO 1.3% IN 2023

* MOODY'S SAYS DECLINING ECONOMIC ACTIVITY IN ADVANCED ECONOMIES, NOTABLY IN EUROPE & NORTH AMERICA, WILL DRIVE SHARP MODERATION IN 2023 GROWTH

* MOODY'S SAYS IN 2024, GLOBAL ECONOMIC ACTIVITY WILL ACCELERATE BUT ONLY TO A BELOW-TREND 2.2% GROWTH RATE

* MOODY'S SAYS RUSSIA-UKRAINE CONFLICT WILL REMAIN CENTRAL GEOPOLITICAL RISK TO LARGER MACROECONOMIC PICTURE

* MOODY'S SAYS ASSIGN A VERY LOW PROBABILITY TO POTENTIAL FOR RUSSIA-UKRAINE CONFLICT TO BROADEN BEYOND UKRAINE’S BORDERS

* MOODY'S SAYS IF RUSSIA-UKRAINE CONFLICT BROADENS BEYOND UKRAINE’S BORDERS, IT WOULD MARK ESCALATION, CREATING FURTHER & SEVERE DOWNSIDE ECONOMIC RISKS

* MOODY'S SAYS U.S. INTEREST RATES ARE LIKELY TO REMAIN ELEVATED UNTIL INFLATION IS RELIABLY UNDER CONTROL

* MOODY'S SAYS HAVE ALSO LOWERED OUR GROWTH EXPECTATIONS FOR CHINA TO 3.0% IN 2022 AND 4.0% IN 2023

* MOODY'S SAYS STRONG REASONS TO BELIEVE, HEADLINE INFLATION TO PEAK/STABILIZE & THEN DECLINE ACROSS COUNTRIES THROUGH 2023, WITH FURTHER DECLINES IN 2024

Disclaimer

The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and for informational purposes only; and does not constitute an endorsement or approval by Kalkine Media of any of the products, services, or opinions of the organization or individual. The user is apprised that Kalkine Media bears no responsibility for the accuracy, legality, or content of Reuters, any external sites, or for that of subsequent links. The user is requested to contact Reuters directly for answers to questions regarding the content. Please note that Kalkine Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Featured Articles