What future for the global economy in 2024? Count the cost

A global recession was widely predicted in 2023, but major economies held firm, raising interest rates to control inflation.

The US economy grew 5.2% in the third quarter, the fastest pace in almost two years.

Food and fuel prices have fallen. But inflation and high interest rates remain a major problem in many parts of the world.

Meanwhile, China is struggling with deflation as prices continue to fall. How will slowing growth and demand affect the rest of the world?

We look at what's in store for the global economy in 2024.

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