Asian Development Bank Downgrades Asia GDP Forecast

The video discusses the impact of COVID-19 policies on economic growth, highlighting downgrades in growth forecasts for China and Asia due to ongoing restrictions. It also covers the global economic impact, including inflation, interest rates, and geopolitical events like Russia's invasion of Ukraine, which are collectively putting downward pressure on growth.

What was the initial outlook for inflation and interest rates at the beginning of the year?

In what ways has Russia's invasion of Ukraine affected global economic growth?