WEO - April 2024 - > “Soft”, “Slow” and “Scarred”

Key takeaways

1. Fears of stagflation and global recession are materially subsiding

1. World GDP 3.2% for 2024 and 3.2% for 2025, despite a tightened monetary policy to control inflation,

2. Global inflation projected to decline,

3. 2024 US GDP projected to be sound → 2.7% 2024, China → 4.6% and EuroArea only → 0.8%, UK→0,5%

4. Main Risks → inflation can persist, financial sector woes, geopolitical tensions, disruptive fiscal adjustments.

press briefing → WEO 2024 youtube.com/live/AQT_dG0P8a4

youtu.be/JR9gvqlTSkg