Mixed economic picture with patchy positives; consumers cautious but confidence rising; inflation in developed economies decelerates, while producer prices decline; trade volumes down.
Global executives more positive; consumer confidence improving but low; emerging economies rebound; Fed pauses rate hikes as ECB raises rates by 25 basis points; inflation low in India and Brazil.
Inflation remains high while trending down; the International Monetary Fund lowered global growth projections to 2.8% for 2023; US banking sector challenges persist; output indicators in services stay strong.