Delta variant, reduced spending on services, inflation throw wrench into global economic recovery

Low economic growth will likely be a defining feature of the U.S. economy and in much of the developed world as the global coronavirus pandemic stretches into 2022. Factors underpinning this slow growth, which is expected to range from 1% to 2%, include high government debt, increased global demand coupled with stressed supply chains and […]

Source: https://bankautomationnews.com/allposts/retail/delta-variant-reduced-spending-on-services-inflation-throw-wrench-into-global-economic-recovery/