Omicron To Deter Global Economic Recovery Prospects In 2022, Says GlobalData
Despite visible green shoots in key macroeconomic indicators in the first half, the emergence of new COVID-19 variant Omicron and its fast spread has made the global economic recovery increasingly uneven towards the tail end of 2021, due to which GlobalData, a leading data and analytics company, has revised down the global economic growth forecast for 2022 from 4.6% in July to 4.5% in December 2021. Q4 2021 hedge fund letters, conferences and more Omicron Is A Downside Risk To Global GrowthGlobalData forecasts the US real GDP growth to be 1.1% in Q1 2022 compared to 1.3% in Q4 2021. With chall...