- Avoiding a recession requires many factors to “stick to script” at the same time, says Mark Zandi, chief economist of Moody’s Analytics.
- That includes U.S. President Donald Trump not escalating the tariff war with China, the U.K. finding a resolution to Brexit and central banks continuing their monetary stimulus, he says.
- The International Monetary Fund, in its World Economic Outlook report released on Tuesday, cut its forecast for global growth once again.
Oct 16, 2019
๐ ~ ‘Awfully high’ risks of a global recession in the next 12-18 months, Moody’s chief economist says (CNBC) ~ | .. Even if there isn't a global recession over the next 12 to 18 months, it's clear that the economy is going to be much weaker, says Mark Zandi of Moody's Analytics .. |
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