Moody's Investors Service said it expects global growth to continue to slow in 2023 over a cumulative monetary policy tightening by various central banks. "We forecast G20 global economic growth will downshift to 2.0% in 2023 from 2.7% in 2022," Moody's said. It added that economic growth for G20 nations is expected to improve to 2.4% in 2024.