19.02.2016 - Global growth not to pick up on Commodity price slump, China:Moody's
Global growth will fail to pick up steam over the next two years as the slowdown in China, lower commodity prices and tighter financing conditions in some countries weigh on the economy, Moody's Investors Service said in a quarterly report. The downside risks to Moody's forecasts for G20 GDP growth of 2.6% in 2016 and 2.9% in 2017 have increased since the rating agency's last Global Macro Outlook in November. Furthermore, G20 policymakers in some countries have limited fiscal and monetary policy space to boost growth or mitigate these risks...............................................Full Article: Source
Print