Swedbank Economic Outlook - August 2019
A marked downturn

The global economy is in for a marked downturn. Central banks are promising action, but their tools are limited. We advocate that fiscal policy, if used wisely, is more effective than monetary policy to counteract the downturn. We expect, however, fiscal stimulus to be too slow and too little. The global economy is at high risk of entering a recession in 2020.

PDF-Document Swedbank Economic Outlook

For more information, please contact: Anna Breman, Group Chief Economist, phone:+46703149587

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