OECD Cuts Global Growth Forecast and Warns of Growing Risks
- Brazil, Germany, Canada, U.S. forecasts cut most severely
- G-20 ministers urged to tackle lack of demand in Shanghai
PBOC Easing Policy 'Absolutely Right Thing to Do:' Sheets
This article is for subscribers only.
The OECD cut its global growth forecasts, saying the economies of Brazil, Germany and the U.S. are slowing and warning that some emerging markets are at risk of exchange-rate volatility.
Global gross domestic product will expand 3.0 percent in 2016, the same pace as in 2015 and 0.3 percentage point less than predicted in November, the Organization for Economic Cooperation and Development said Thursday in a report.