London analysts expect less global growth than expected

According to recent forecast of financial analysts from London, the Chinese-US trade conflict is worsening the investor climate in the global economy, and are expected to see slower global growth than expected in the next two years.

According to Fitch Ratings’ international credit rater’s new quarterly forecast published in London, the global economy will slow down to 2.8 percent this year from the 3.2 percent of last year. This is an unchanged forecast, but the company has reduced its global estimate for 2020 from 2.8 percent to 2.7 percent and expects a similar growth in 2021. (Kertész Róbert, MTI)