Global Economy Related Content

ACT Forecasts COVID-19 Impact on Global Economies, CV Demand Through 2021

ACT Research predicts commercial vehicle demand will transition in 2021 from COVID-19’s negative impacts into a meaningfully better situation in 2022. read more

Coronavirus Poses Largest Threat to Global Economy Since Great Recession

The coronavirus Covid-19 presents the global economy with its greatest danger since the financial crisis, according to the OECD’s latest Interim Economic Outlook. read more

Global Growth Forecast Again Revised Lower to 2.4%

The World Bank downgraded its 2016 global growth forecast to 2.4% from the 2.9% pace projected in January. read more

Bloomberg: ‘Markets Beating Fed to Tightening Ahead of Meeting’

Bloomberg reports that tumbling stocks, oil and junk debt raise questions on the timing of a Fed rate hike. Bloomberg said that last weeks’ selloff suggests financial markets may beat the Fed to tightening ahead of the September meeting. read more

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