Merimbula News Weekly

Inflation, rates and war to slow world economy: OECD

By Paul Wiseman
Updated November 29 2023 - 10:30pm, first published 10:24pm
The world's two biggest economies, the United States and China, are expected to slow next year (AP PHOTO)
The world's two biggest economies, the United States and China, are expected to slow next year (AP PHOTO)

The global economy, which has proved surprisingly resilient in 2023, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates.

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