United States:
Omicron to Hit U.S. Growth in Early 2022, Inflation Seen Higher
“The U.S. economy will take an early hit this year from the omicron variant of coronavirus — but the damage shouldn’t last beyond the first quarter, according to Bloomberg’s latest monthly survey of forecasters.”
Europe:
German Economy Shrank as Much as 1% in Final Quarter of 2021
“Germany’s economy contracted by as much as 1% in the final quarter of 2021 as the emergence of the coronavirus’s omicron strain added to drags on output from supply snarls and the fastest inflation in three decades.”
Asia:
China GDP Growth to Slow, Boosting Case for Rate Cut
“China is likely to post its weakest economic growth in more than a year when it releases quarterly data Monday as it counts the cost of a deepening property market slump and disruptions from virus outbreaks.”
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