Short term, nothing major looks to be happening. Incredibly small temperature decreases in comparison to previous years are possible, and a decline in the number of solar flares and coronal mass ejections is probable. Long term, things get more interesting. If the sun does what I expect it to do, we are likely to see a multi-decade decline in temperatures across the world. We must remember that the sun has been recognized as the main driver of climate change, so the decrease in the number of sunspots (and thus the strength of the sun) should allow for at least a slight cooling trend in the world. I'm not willing to discuss global warming in this post, this is just pointing out how the forecasts for sunspots are off compared to what is being observed.