Markets.News
The latest report indicates that the global economy is expected to grow by 4.3% in 2022, an increase from the 3.9% growth forecasted earlier. This improved projection is fueled by strong performances in the United States, with a projected growth rate of 4.7%, and China, with a growth rate of 5.9%. The Eurozone is also expected to see growth of 4.3%. However, concerns linger over inflation rates, with global inflation predicted to hit 3.7% in 2022, up from the previous 3.2% estimate. This news suggests a promising outlook for the global economy in the coming year despite inflation challenges.