Global | More moderate and heterogeneous growth, with increasing risks
Published on Tuesday, October 23, 2018
Global | More moderate and heterogeneous growth, with increasing risks
Summary
We have revised downwards our forecasts for global growth to 3.7% in 2018 and 3.6% in 2019 due to the recent slowdown in emerging markets, in a context of monetary policy normalization and intensification of risks related to protectionism and political uncertainty. The US is expected to grow at 2.8% in 2018 and 2019, while the Eurozone and China will decelerate next year.
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- Geography Tags
- Global
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- Macroeconomic Analysis
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Authors
Rodrigo Falbo
BBVA Research - Principal Economist
Agustín García
BBVA Research - Principal Economist
Miguel Jiménez
BBVA Research - Lead Economist
Iñaki Martínez
María Moraga Fernández
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