The global economy is currently expanding at a moderate pace, albeit with considerable differences in momentum across … countries. The economy in the United States is still growing at robust rates, whereas the euro area is in a phase of stagnation … inflation rates are not expected to fall sustainably close to the target levels again until 2025. Risks for the global economy …

The world is still recovering from the most recent global recession associated with the 2008-09 financial crisis and … the possibility of another downturn persists as the global economy struggles to regain lost ground. But, what is a global …