Global Economic Forecasts: Q2 2016 - New Study Released

From: Fast Market Research, Inc.
Published: Wed Jun 08 2016

So far so good - no return to global recession has happened yet, but the newest indicators for the global economy signal a weakening, and the business mood is worsening. In this context, we have revised the world GDP growth forecast down to 3.0% for 2016 and 3.2% for 2017. In our view, the risks are downside this year. The world's stock markets have rebounded from the sharp drops of early 2016, but financial stability has decreased and risk-aversion is rising.

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