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Global Growth Holds Firm Despite Rising Real Interest Rates

Original: economy

Economic commentary says global growth remains solid even as real interest rates climb, challenging expectations that tighter monetary policy would sharply slow major economies. Analysts point to resilient consumer demand and strong labour markets as reasons the world economy has absorbed higher borrowing costs better than forecast, though risks of a delayed slowdown linger.

Why now: Markets and policymakers are weighing whether central banks can keep rates high without tipping the world economy into recession.

central banksglobal economy

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