Bank of Portugal cuts 2024 growth outlook, citing short-term…

LISBON, Dec 15 (Reuters) – The Bank of Portugal on Friday lowered next year’s economic growth forecast to 1.2% from 1.5% it had set in October, in a slowdown from this year’s expected 2.1% expansion, citing weakening external demand and political uncertainty at home. In its year-end economic bulletin, the central bank said it expected…