全球经济金融展望报告2024年第4季度（总第60期）

Global Economic Trends - Global economic growth momentum weakened in Q3 2024, with GDP growth slightly lower than Q2[5] - Global inflation pressure further eased, with CPI growth declining[6] - Global trade recovery continued, with "South-South cooperation" becoming a key growth engine[4] Demand and Supply Analysis - Consumer demand slowed, with global retail sales growth declining from 2.9% in July to 2.1% in August[7] - Fixed asset investment rebounded, but government spending growth declined[5] - Industrial production showed a slight decline, while services sector performed well[6] Regional Economic Performance - U.S. economic growth slowed, with GDP growth expected to drop to 1.5% in Q4 2024[28] - Eurozone economy grew slowly, with GDP growth of 0.2% in Q2 2024[31] - Japan's economy improved, with GDP growth of 0.7% in Q2 2024[39] Monetary and Fiscal Policies - U.S. Federal Reserve entered a rate-cutting cycle, lowering the federal funds rate to 4.75%-5.0% in September 2024[22] - Eurozone fiscal policy faced constraints due to high sovereign debt levels, with government debt exceeding 100% of GDP in several countries[32] Trade and Investment - Global trade growth faced uncertainties, with tariffs and trade protectionism increasing[13] - "South-South cooperation" deepened, with China-Africa trade reaching $282.1 billion in 2023, a 1.5% increase[19]