Economic growth forecasts lowered on longer russia-ukraine conflict and rising inflation, article says

New york , may 18, 2022 /prnewswire/ -- a number of macro variables have deteriorated since our most recent economic growth forecast at the end of march, said s&p global in its article " global macro update: growth forecasts lowered on longer russia-ukraine conflict and rising inflation ." we've marked down our gdp forecasts due to weaker first-quarter numbers in many countries, higher energy and commodity prices, a longer-than-expected russia-ukraine conflict, faster monetary policy normalization, and slower chinese growth.
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