Global economic growth is expected to remain slow this year despite efforts by central banks. The US economy saw a decline in the first quarter of 2014, while the Euro Area and China also experienced disappointing growth. Overall, global growth is predicted to continue at a sluggish pace, with some countries showing temporary high growth but others facing slower or negative growth. Factors like stagnant labor incomes and geopolitical concerns are contributing to this slow growth. The European Central Bank may cut rates, China is likely to introduce economic stimulus, and the US is facing various geopolitical challenges.