Market news
19.11.2019, 07:31

Moody’s: Global economy will remain fragile in 2020 as risks to credit conditions rise

  • Global economy will remain fragile in 2020 as risks to credit conditions rise.

  • Rising political and geopolitical risks are exacerbating slow growth and reducing economies' abilities to respond to shocks.

  • Trade uncertainty will continue to disrupt supply chains and weigh on investment decisions.

  • Overall global growth will remain lackluster amid a deceleration in the US and China.

  • Recession risks will remain elevated in Europe and the US.

  • Interest rates to remain low and yield curves to remain flat for several years going forward.

  • Does not expect a recession in 2020, recession risks are building amid a backdrop of trade policy uncertainty in global economy.

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