Global economic recovery slowing from a bounce to a grind: Economists

The best is already over for a global economic recovery that started off at a sprint and is turning into a slog.

That’s the warning from Wall Street economists heading into the final months of a traumatic year. Some $20 trillion of stimulus from governments and central banks has pulled the world’s economies most of the way back to pre-pandemic levels. But for multiple reasons, the last stretch is set to be the hardest.

Policy makers could dial back the fiscal support that’s been key to recovery -- as they’ve already done in the US Temporary job cuts may harden