Global Economic Outlook for 2024
![Image](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiYwKEa4Kil2jrlKSZ6EKR4icuJk_9JZ-H0OQ71GwqaTGdw698mUmrhbv5fMxx7ItuqyUEJ9ZHUgpolDDcwetq1C33uXdhunRtqNsYoz_61VPfgyrL4etmHu1-sVmbn76ql-S5kYFagsNqC84P9jRp8WvM4_mp7HdhoJx0SMGSfWZDAu5AJIbCxYKDjihKb/w644-h438/stock-exchange-7036661_1920.jpg)
The global economic outlook for 2024 is shaped by several key factors: #1 Economic Growth: Developed Economies: For the developed countries such as US and EU, moderate rise in economy is forecasted owing to consumers’ expenditure and business investments. Emerging Markets: Superior growth rates in emerging markets especially those in Asia led by China and India though there are potentials of geophysical tensions internally. #2 Inflation and Interest Rates: Inflation: Ukraine budget deficit outlook for 2022 is expected to decrease but remain higher than in 2021, mainly because of energy costs and supply chain inflation. Monetary Policy: They may go on to increase interest rates to control inflation, which may affect many things such as the expenses of credit or even investment. #3 Geopolitical Risks: Conflict and Trade: Continuation of various disputes and trade wars especially the one involving the superpowers could affect the cross border sale and investments. Supply Chains: Diversi