Growth Still Supportive, Inflation Remains
- Citi analysts still expect global growth of 3.1% in 2019 and inflation to slow its rate of increase to 2.4% in 2019 and 2.5% in 2020.
- Developed Markets (DMs) are forecasted to grow 2.0% in 2019 and 1.7% in 2020, while Emerging Markets (EMs) target 4.5% growth in 2019 and 4.6% in 2020.
- Downside risks to growth include monetary policy divergence across markets, rising protectionism and trade tensions, heightened political risks and a China or US slowdown. However, a global investment rebound could offset this financial outlook in the second half of 2019.
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