The Global Economic Outlook will start to improve significantly from the beginning of next year following the rise in rates across most Economies of the World.
Investment Analyst and Managing Director of Optimus by Afrinvest, Ayodeji Ebo, disclosed this while speaking on the Investment outlook for the 2023 Fiscal year across Africa and parts of the World.
He added that Inflation will start to moderate from the start of 2023 following the tough stance taken by Central Banks across the World which he added needs to also be brought back down gradually once Inflation subsides.
He disclosed that failure to do this on the part of Central Banks will be a dangerous step for the health of the World Economy whose growth may slow down on the back of such a move.
He however added that the tightening of the Interest rates across the World is a good move for the World Economy.
He said the…
