Europe and the US to Avoid Recessions, but Global Economic Growth to Remain Subdued
Over the next few years, global economic growth will slow down. Although the most pessimistic predictions made last year have not come to fruition, the risks of slow economic growth remain, as do the prerequisites for an economic downturn. As a result of the challenges currently faced by banks in the US and Europe, The International Monetary Fund has downgraded its forecast for 2023.