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(Bloomberg Markets) It’s the year of the soft landing—and of interest-rate cuts that will support growth and markets around the world. So runs the upbeat conventional wisdom about the global economy in 2024.Most Read from BloombergUS Merchant Vessel Struck as Shippers Told to Avoid Red SeaUS Economy Set for Another Cash Boost If Congress Backs Tax DealApple to Pull Blood-Oxygen Tool From Watches to Avoid US Ban If Appeal FailsStocks Slip as Officials Push Back on Easing Bets: Markets WrapIowa ....
The Middle East conflict, with the potential to choke off oil flows and push inflation higher, poses a risk to global growth. This conflict could escalate tensions in the Red Sea and draw Iran deeper into the fighting. The Federal Reserve s pivot to rate cuts could be burned by a supply shock from the Middle East or looser financial conditions. Europe faces the risk of a deep recession as the European Central Bank and Bank of England conclude their tightening cycles. The global economy could be impacted by the wobbling of the world s second-largest economy, China, and the potential loss of control of the yield curve in Japan. Ukraine s failure to counter Russia could have implications for the US as a reliable ally. ....
Central University of Punjab organized International Quiz Competition and a Panel Discussion for students on the book "Modi@20-Dreams Meet Delivery" | India Education | Latest Education News | Global Educational News indiaeducationdiary.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiaeducationdiary.in Daily Mail and Mail on Sunday newspapers.