Slower economic growth but no recession in 2019

Insights, CIO Update, Geopolitics
02.04.2019 by Lars Kalbreier Reading time: 1 minute(s)

Global economic growth will definitely be lower than in 2018. However, we do not expect a recession. This is due to three factors: Central banks are supportive and have postponed increases in interest rates, the Chinese government has implemented several measures so support the economy and US consumer confidence is at its highest level in ten years.

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