Goldman Sachs expects global slowdown to end soon

21 Nov 2019 10:13 AM


Goldman Sachs said it expects a slowdown in global growth to end soon in response to financial conditions and an end to the escalating trade war and the prospect of an agreement soon.
IDA experts expect GDP to rise 3.1% year-on-year in 2019 and to continue to rise in 2020 by 3.4%.
Goldman Sachs believes that the risk of the global economy slipping into recession is still limited with declining unemployment and the start of high inflation in many countries.

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