Global Macro Service > Latest Analysis

A gradual but sustained slowdown as risks build

While the global economy ended 2017 on the crest of a wave, the fear is that it will now break sooner than previously thought. The favourable global backdrop should ensure that upcoming turbulence is bearable, and we expect annual global GDP growth to slow continually but gradually to 3% over the next year. Yet downside risks to our baseline view have also grown.

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