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Global Economy Faces Uneven Growth | Chicago News
Description
Global economy shows uneven recovery as inflation lingers in some regions while cooling elsewhere, complicating trade and investment. The IMF projects 3% growth this year—slower than past norms but slightly better than earlier forecasts—and warns of growing inequality across regions. Rising costs squeeze households and businesses alike, fueling anxiety and potential layoffs. Key risks ahead include geopolitical instability and mounting debt burdens under high interest rates, leaving policymakers navigating a fragile, uncertain path forward.
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