The global economy is already in a recession as the hit to economic activity from the coronavirus pandemic has become more widespread, according to economists polled by Reuters amid a raft of central bank stimulus actions this week.
— Read on www.reuters.com/article/us-health-coronavirus-global-economy/global-economy-already-in-recession-on-coronavirus-devastation-reuters-poll-idUSKBN21702Y
Tag: Global Recession
IMF says global economy to grow at slowest pace since 2008 financial crisis – MarketWatch
The IMF has grown even more pessimistic about the global economy, according to the latest World Economic Outlook, published on Tuesday.
— Read on www.marketwatch.com/story/imf-sees-global-economic-growth-falling-to-3-this-year-slowest-pace-since-2008-financial-crisis-2019-10-15
Global economy: ‘Awfully high’ chance of economic recession, Moody’s says
“Even if we don’t have a recession over the next 12-18 months, I think it’s pretty clear that we’re going to have a much weaker economy,” says Mark Zandi, chief economist of Moody’s Analytics.
— Read on www.cnbc.com/2019/10/16/global-economy-awfully-high-chance-of-economic-recession-moodys-says.html