Global growth of 2.5% expected next year

Global growth is expected to stabilise at 2.5% in 2020 before edging up 2.7% in 2021, says IHS Markit. The probability of a recession has decreased for 2020, and now stands at one in five. The U.S. economy is expected to expand at a rate of 2.1% in 2020, down from the average of 2.5% ...

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