Moody’s: Global economy will remain fragile in 2020 as risks to credit conditions rise
|The US-based global rating agency, Moody’s Investors Service, is out with its latest report on the global economic outlook, with the key headlines found below.
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.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.