The OECD Interim Economic Outlook was launched today 19 September
The report presents the OECD’s outlook for the global economy.
The overall assessment was that global annual growth was weaker than projected, mainly because of escalating trade tensions and the uncertainty about future policies that arises with those tensions. The annual growth projections are now at its lowest levels since the financial crisis.
The OECD urge the need for collective effort to prevent trade-distorting tariffs and subsidies and to restore a predictable rules-based system that encourages businesses to invest. The report also stresses the need for fiscal stimulus and structural policy support to enhance the monetary policies that countries and regions currently use to stimulate growth.
Read more on the OECD website
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