Global Macro Service > Research Briefings > Global

Nearer-term weakness, but H2 recovery still likely

We have recently cut our global GDP forecasts in response to further evidence that the ongoing soft patch will continue for longer than previously assumed and now see growth easing from 3.0% last year to just 2.5% in 2019. This is just above the 2016 post-crisis low of 2.4%, but still far from recession territory.

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