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 Think Tank Expert Recommends Measures to Halt De-Dollarization READ MORE Should I Invest in Bullion or Numismatic/Collectible Coins? READ MORE Golden Opportunities in a Turbulent World: Precious Metals Thrive Amidst Polycrisis READ MORE Gold Eyes Second Weekly Gain Amid U.S. Rate-Cut Hopes READ MORE China Resumes Gold Buying READ MORE Add a Comment Cancel replyYour email address will not be published.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