The world economy will slow next year because of inflation, high rates and war, OECD says.

A key factor in the slowdown is that the OECD expects the world's two biggest economies, the United States and China, to decelerate next year. The U.S. economy is forecast to expand just 1.5% in 2024, from 2.4% in 2023, as the Federal Reserve's interest rate increases 11 of them since March 2022 continue to restrain growth. The OECD foresees U.S. inflation dropping…