Economics

Global Economy Seen Sliding Toward Weakest Growth in Decade

  • OECD cuts forecasts and warns of entrenched uncertainty
  • Says fiscal policy must do more as central banks are stretched
OECD’s Laurence Boone explains why the organization sees the weakest global growth since the financial crisis.Source: Bloomberg
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Intensifying trade conflicts have sent global growth momentum tumbling toward lows last seen during the financial crisis, and governments are not doing enough to prevent long-term damage, the OECD said in its latest outlook.