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Global Growth Slows Amid Higher Rates and Inflation
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Global growth is slowing as advanced economies face higher interest rates and inflation cools in Europe and Japan. Australia's inflation rate supports a potential interest rate pause, while Brazil plans more monetary easing. Zimbabwe's inflation is driven by increased power tariffs. Climate crisis in Ivory Coast and Ghana is impacting global food inflation. In the US, consumer spending, inflation, and the labor market are cooling, indicating a slowdown in the economy.
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How will the climate crisis in Ivory Coast and Ghana impact global food inflation?
What are the potential implications of a slowdown in the US economy?
What factors are contributing to the slowdown in advanced economies?
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