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22 Mar
15:33

Growth corrects more swiftly, but no recession: Fitch

Global growth prospects have deteriorated significantly since Fitch’s last Global Economic Outlook (GEO) in December 2018; however, a global recession is unlikely, the credit rating agency said last week. The eurozone growth outlook has weakened particularly sharply, evidence of a slowdown in China has become much clearer and activity in other emerging markets (EM) has decelerated. This has occurred against the backdrop of world trade growth weakening stea…
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