Warning of more economic uncertainty, the Chief Economists Outlook report of the World Economic Forum (WEF) said the global economic prospects remain subdued. It said that the global economy continues to grapple with headwinds from tight financial conditions, geopolitical rifts and rapid advances in generative artificial intelligence (AI). More than half of chief economists (56%) expected the global economy to weaken this year, while 43% foresee unchanged or stronger conditions. Precarious nature of the global economy"The latest Chief Economists Outlook highlights the precarious nature of the current economic environment," WEF Managing Director Saadia Zahidi said. "Amid accelerating divergence, the resilience of the global economy will continue to be tested in the year ahead.
