10
Oct
15:43
Soft landing likelihood increases, fragmentation threatens commodities: IMF
Global economic growth is forecast to slow to 3% this year and 2.9% in 2024, a 0.1 percentage point downgrade for 2024 from July projections, says the International Monetary Fund (IMF), Kallanish notes.
The likelihood of a “soft landing” has increased, in other words, the bringing down of inflation without a major downturn in activity, especially in the US.
The US surprised on the upside, with resilient consumption and investment, while euro area acti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous