汇丰-2019年Q1全球经济展望.114页.pdf
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ECONOMICS
報告吧
GLOBAL
Q1 2019
By: Janet Henry and James Pomeroy
Global Economics
Trading down? (Updated)
Global growth is slowing…
…and any escalation in US-China
trade frictions could make things
worse…
…amid growing concerns about the
policy options available to fight the
next downswing
This report is an updated version of our Global Economics Quarterly,
originally published on 13 December 2018. This follows changes to
our policy rate forecasts for Mexico, Russia and Indonesia. We also
include the latest reported data for a number of countries.
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Janet Henry
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Disclaimer Disclosures: This report must be read with the disclosures and the analyst
certifications in the Disclosure appendix, and with the Disclaimer, which forms part of it
ECONOMICS ● GLOBAL
報告吧
Q1 2019
Executive Summary
This report is an updated version of our Global Economics Quarterly, originally published on
13 December 2018. This follows changes to our policy rate forecasts for Mexico, Russia and
Indonesia. We also include the latest reported data for a number of countries.
Slowing, not collapsing
Global growth is slowing. A few emerging economies are already in recession and much of the
Growth is slowing in
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