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| | |3.75% | ||
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|4200 | |4200 | ||
| | |Developed market economies slip into mild recessions. Weaker growth helps to push inflation back towards central bank targets. Interest rates are eventually cut, albeit reactively rather than proactively, and to levels still well above pre-pandemic lows. | ||
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|[https://www.goldmansachs.com/intelligence/pages/gs-research/macro-outlook-2024-the-hard-part-is-over/report.pdf Goldman Sachs] | |[https://www.goldmansachs.com/intelligence/pages/gs-research/macro-outlook-2024-the-hard-part-is-over/report.pdf Goldman Sachs] | ||
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|2-2½% | |2-2½% | ||
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| | |4.6% | ||
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