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

Dhwani Mehta FXStreet

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.

Forex Today: Aussie sold-off into RBA minutes, trade doubts; UK politics, EZ data eyed

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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