About this work
The October 2024 global outlook turns on the interaction of policy shifts, geopolitical shocks and unexpected economic data. US fiscal deficits and possible oil price increases threaten disinflation, while China's weak recovery affects trade and commodities. Emerging economies remain resilient, but domestic inflation and divergent policy paths leave the balance of growth risks unsettled.
Abstract
The October 2024 global outlook turns on the interaction of policy shifts, geopolitical shocks and unexpected economic data. US fiscal deficits and possible oil price increases threaten disinflation, while China's weak recovery affects trade and commodities. Emerging economies remain resilient, but domestic inflation and divergent policy paths leave the balance of growth risks unsettled.
Cite this work
Marcello Estevão, Jonathan Fortun (2024). Global Macro Views: Surprises Reshaping Global Growth Outlook. Institute of International Finance.