Analyst Pin-board: Update on Global GDP Growth – Slowdown/Recession/Crisis
In the past few days, there have been social and economic upheavals due to the coronavirus outbreak outside China. The endless increase in cases and death forces policy makers to hold emergency meetings which are highlighted by sharp interest rate cuts and the restart of quantitative easing. However, markets are shaky and negatively responding to the out-of-expected level of rate cuts. The most important question is whether the world will suffer an economic slowdown, recession or in the worst case a crisis.
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