Moody’s is sure that the epidemic will slow down the growth even in the second quarter

It now seems certain that the negative global growth effects of the new type of coronavirus epidemic will extend to the second quarter, even if it does manage to stopthe virus – according to a Moody’s Investors Service review on Friday.

In its London study, the international rating agency downgraded its forecasts for growth in the world’s leading power centers this year.

The company said it expects an average of 2.1 percent growth this year, which is 0.3 percentage points slower than expected in the twenty largest developed and emerging economies (G20). (MTI, Kertész Róbert)