Macro - Weekly Briefings - Emerging Markets


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Macro - Weekly Briefings - Emerging Markets



Our aggregate 2024 GDP growth forecast for emerging markets (EMs) is unchanged at 4%, but we have nudged down our projection for 2025 by 0.1ppt to 3.9% as external headwinds are mounting. Real activity indicators suggest a soft start to Q3, and we think the tight policy mix will weigh on the pace of the recovery.


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