Moody’s: there will be no global recession, but the escalation of trade wars is a big risk
The global economy is not expected to sink into recession in the next two years, but the biggest global growth risk remains the escalation of trade wars – according to teh Global Macro Outlook of Moody’s.
The international credit rating’s 30-page forecast predicts economic growth of an average of 2.6 percent in the twenty largest developed and emerging economies (G20s), generating 80 percent of global gross domestic product (GDP). (Kertész Róbert, MTI)
Related news
Producer prices in the euro area and the European Union decreased month-on-month and increased year-on-year in April
Producer prices in the eurozone and the European Union (EU)…
Read more >A new era in the global economy? – New challenges for our country
May 2025 brought an acceleration of change in the global…
Read more >Investor survey: global business sector’s expectations for world economic growth this year are deteriorating markedly
The global business sector’s expectations for this year’s global economic…
Read more >Related news
Extreme summer, record heat: this is how chain stores are reacting to the heat
Budapest has never experienced such a high temperature as this…
Read more >Draft decree on food vouchers for pensioners completed
The draft government decree on a 30,000-forint food voucher for…
Read more >K&H: Middle-aged people perceive inflation to be much more severe than the actual data shows
The inflation perception of middle-aged Hungarians continues to far exceed…
Read more >