Global growth will strengthen in 2020, says strategist
Central banks should be cautious about responding to manufacturing slowdown, Kevin Gardiner says
The US and global economy may slow in the very near term but should pick up again in 2020, said Kevin Gardiner, global investment strategist at Rothschild Private Wealth.
The former Bank of England economist added that central banks should be cautious when responding to the slowdown in manufacturing. Gardiner was speaking at Central Banking’s 2019 training series in Cambridge.
Gardiner said the durability of the US expansion, which tipped over 10 years in mid-2019, is due to the “few excesses”
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