• The title of the IMF’s recent World Economic Outlook Update sums up the current state of the global economy quite well; “Inflation Peaking amid Low Growth”
•  The IMF made slight upward adjustments to its global growth forecasts for 2022 and 2023, raising them by 0.2 percentage points for both years, reflecting stronger than expected performances by numerous economies in the second half of last year.
• Risks remain, though
• Turning to the week ahead, the main highlight will be the first reading of UK GDP for Q4

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