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Global Economic Prospects - Darkening Skies

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Global growth is expected to slow to 2.9 percent in 2019. International trade and investment are moderating, trade tensions remain elevated, and financing conditions are tightening. Amid recent episodes of financial stress, growth in emerging market and developing economies has lost momentum and is projected to stall at 4.2 percent this year, with a weaker-than-expected rebound in commodity exporters accompanied by deceleration in commodity importers. Downside risks have become more acute. Financial market pressures and trade tensions could escalate, denting global activity.
Regional outlook, Global Economy, Developing Economies, Financial Markets, Global Risk
Country of publication: 
United States
Publication date: 
Tuesday, January 15, 2019
Number of pages: