OECD forecasts a significant global growth slowdown in 2023
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In its latest report, the Organisation for Economic Cooperation and Development (OECD) said on Tuesday, “our central scenario is not a global recession but a significant growth slowdown for the world economy in 2023.”
The dire global economic outlook projected by the OECD fails to affect the improved market mood, with US S&P 500 futures adding 0.23% on the day. The US Dollar Index is down 0.36% so far, trading at 107.45, at the press time.
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