(Bloomberg) — If the global economy is heading for a soft landing, there’s likely to be plenty of anxiety along the way.
As the world’s financial elite gather in Washington for meetings of the International Monetary Fund, World Bank and Group of 20, they’ll confront a mixture of slowing growth, stubborn inflation, high interest rates and debt levels, and market-rattling geopolitical risks.
Bloomberg Economics now sees global activity slowing this year to 2.9% — a 0.2 percentage point upgrade from December in what it terms a “great escape” — but still “way below” the pre-pandemic pace.
…
