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Global | Lower global growth in 2019, but still soft landing due to policy measures

Friday, April 12, 2019

Global | Lower global growth in 2019, but still soft landing due to policy measures

We lower our 2019 global growth forecast to 3.4% from 3.5% due to persistent idiosyncratic factors, particularly in the Eurozone, and higher uncertainty driven mainly by trade protectionism and Brexit. However, further monetary policy accommodation and policy easing measures by China would favour a soft landing.

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