The global economy's prospects are favorable, provided downside risks are well-managed. The key downside risks ahead are elevated energy prices, adverse effects of unanticipated increases in long-term interest rates and a disorderly adjustment of global imbalances.
Tanweer Akram
key risks global energy interest
Oil prices, while they are still high, have stabilized, and we think they will reduce further. And interest rate rises will pull back consumption in the U.S.
interest oil consumption
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