Inflation, rates, trade – Each country its own path?

Despite geopolitical turbulence, the world economy continues to sail ahead without taking on water. In 2024, according to the IMF’s forecasts, almost no countries will be in recession, compared with 24 last year and 154 in 2020. Economic conditions were a little better than expected in Q1 2024. This was particularly the case in the US, where consumer spending and job creations were robust. In Europe, the cyclical downturn seems to be over after a period of near-stagnation. Busine...