Global Economic Outlook: Growth Robust to Political Risks
Tune into the latest Fixed Interests and listen to James McCormack, Global Head of Sovereigns, and Brian Coulton, Chief Economist, discuss how global growth prospects remain robust despite rising trade tensions and political risks. Accelerating private investment, tightening labor markets, pro-cyclical US fiscal easing and accommodative monetary policy are all supporting above-trend growth in advanced economies. While China’s growth rate is holding up better than expected so far in the face of slowing credit growth; Russia and Brazil continue to recover slowly.