- Global slowdown and rising interest rates will weaken economic momentum, according to Moody’s.
- Moody’s Investors Service has lowered India’s growth forecast twice. In September, it trimmed current-year expectations from 8.8% to 7.7%.
- The global economy is on the cusp of a slump due to persistent inflation, monetary policy tightening, fiscal constraints, geopolitical upheavals, and financial market volatility.
