The Uncertain Path of the Global Economy in 2024: What to Watch The global economy in 2024 will be shaped by US interest rates, oil prices, and China’s economic performance. Despite a more resilient global economy in 2023 than expected, with inflation falling without significant unemployment increases, challenges remain. The OECD forecasts a slowdown in global output in 2024 due to high interest rates curbing inflation and economic activity, predicting a global GDP growth of 2.7%, slightly lower than 2023’s 2.9%. Growth is not expected to rise until 2025. The outlook reflects the long-term impacts of COVID-19 and the Ukraine conflict on energy prices. While economic predictions can be uncertain, key factors to watch include the interrelation of major macroeconomic variables like interest rates, oil prices, and China’s economy. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Investors Warn AI Boom Obscures Broader Tech Sector Struggles READ MORE Biden Has Forgiven $136 Billion in Student Debt – More Could Be on the Way READ MORE UAE Halts Operations at 32 Gold Refineries to Combat Money Laundering READ MORE Jobs Report Shakes Up Fed Rate Cut Expectations, Bolsters Dollar READ MORE Central Bank Digital Currencies (CBDCs) – Accelerating towards Dystopia READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment