Global growth will slow into 2023, with US and European growth not much above zero. Risks are to the downside with sub-trend growth extending into 2024.
Warmer-than-normal temperatures have reduced natural gas demand in the U.S. and Europe, leading to a decline in prices. However, have prices fallen too much in response?
As the world grapples with the ongoing energy crisis, a majority of Americans surveyed by Global X Research foresee gas prices rising over the next year.