Skip to main content

Welcome to ‘the Tepid Twenties'? The US economy's strength won't be enough to boost global growth

·1 min

The global economy is at risk of stagnating in the coming years, with concerns about slow growth in Europe and China. While the United States has shown robust economic strength, it may not be enough to save the global economy from a sluggish and disappointing decade. Policymakers around the world need to address economic issues and work towards invigorating growth. The US has outperformed due to strong productivity growth and high consumer spending. However, it remains to be seen if this momentum will continue. Policymakers must make good decisions to promote economic transformation and sustainable growth. Meanwhile, Turkey has halted all import and export transactions with Israel in protest over the war in Gaza.