The Economist Intelligence Unit (EIU) recently released their economic outlook for 2024 and it provides us a bigger picture analysis of the uncharted waters we will be stepping into.
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The global economic outlook is shaped by a myriad of factors including geopolitical tensions, inflationary pressures, and varying growth trajectories across regions. The management of public debt, inflation, and the potential for a “hard landing” due to monetary policy adjustments are crucial challenges that will define the economic landscape in the coming years.