Businesses and households in major economies are struggling to bounce back from the era of high inflation as precarious growth prospects and political uncertainty weigh on their confidence.
Although economic activity remains relatively firm, confidence indicators have slid sharply or remain stuck in negative territory, according to research for the Financial Times.
The findings of the Brookings-FT Tracking Indexes for the Global Economic Recovery, or Tiger, suggest that sentiment is the global economy’s weak spot.
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