{"id":66747,"date":"2022-06-08T15:06:14","date_gmt":"2022-06-08T11:06:14","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=66747"},"modified":"2022-06-08T15:06:50","modified_gmt":"2022-06-08T11:06:50","slug":"oecd-slashes-global-growth-forecasts","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/oecd-slashes-global-growth-forecasts\/06\/08\/market-updates\/","title":{"rendered":"OECD Slashes Global Growth Forecasts"},"content":{"rendered":"\n<p>The Organisation for Economic Co-operation and Development (OECD) announced today cutting its global growth predictions for 2022 to 3% due to the Russia-Ukraine war repercussions and the supply-chain disruptions.<\/p>\n\n\n\n<p>In its latest review, published today, OECD sees global GDP growth of 3.0% in 2022 versus 4.5%, predicted before.<\/p>\n\n\n\n<p>Besides, OECD expects euro area growth of 2.6% in 2022 and 1.6% in 2023, and US growth of 2.5% in 2022 and 1.2% in 2023.<\/p>\n\n\n\n<p>OECD\u2019s forecast revisions came on the heels of the World Bank&#8217;s 2.9% growth estimate that was released Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Organisation for Economic Co-operation and Development (OECD) announced today cutting its global growth predictions for 2022 to 3% due to the Russia-Ukraine war repercussions and the supply-chain disruptions. In its latest review, published today, OECD sees global GDP growth of 3.0% in 2022 versus 4.5%, predicted before. Besides, OECD expects euro area growth of &hellip;<\/p>\n","protected":false},"author":9,"featured_media":46339,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7204],"class_list":["post-66747","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-oecd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=66747"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66747\/revisions"}],"predecessor-version":[{"id":66749,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66747\/revisions\/66749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/46339"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=66747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=66747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=66747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}