global macroeconomics

As we wrote earlier, a weaker domestic currency comes at a cost of its own.

That said, monetary policies remain very accommodative and liquidity is ample from a long-term historical point of view.

SINGAPORE (Dec 11): Fitch Solutions has revised its global growth forecast for 2019 downwards by 0.1 percentage point to 3% to accentuate its view that global growth will slow over the coming years after peaking at 3.4% in 2018.