global economic outlook

Slow growth and high inflation for months to come, warns CGS-CIMB.

The outlook for the global economy is highly uncertain, as Covid-19 has ravaged markets worldwide at an unprecedented scale, said Ravi Menon, managing director of the Monetary Authority of Singapore (MAS).

Across the globe, lockdowns are easing and economic activity is gradually resuming. But with the pandemic likely to be with us for a long time; the world is not going back to its old ways. Typically, deep and widespread crises such as

SINGAPORE (July 4): Asia’s economic growth is expected to continue to weaken against a backdrop of unresolved trade tensions, according to asset manager State Street Global Advisors (SSGA), the investment management arm of State Street Corporation.

(May 6): In April 2018, the International Monetary Fund projected that the world economy would grow robustly, at just above 3.9% that year and into 2019. The global upswing, the fund said, had become “broader and stronger.” That view quickly proved to

SINGAPORE (Feb 15): Rising prices are more of a threat to the global economy this year than joblessness, according to Bloomberg’s Misery Index, which sums inflation and unemployment outlooks for 66 economies.