The Pulse The global economic recovery continues, however growth is uneven across regions and there were signs of a loss of momentum in Europe through the September quarter.
The Pulse Since the initial outbreak, COVID‐19 has spread to over 210 countries, and estimates indicate it could trim global economic growth by between 3.0% to 6.0% in 2020.
The Pulse Key economies have so far avoided a resurgence in COVID‐19 cases, but the World Health Organisation warned it continues to spread rapidly in some regions.
The Pulse Shutdowns, isolation, and social distancing measures have had a profound impact on consumer-facing sectors and have resulted in large spikes in unemployment. Central banks around the world have embarked on unprecedented emergency lending and bond buying programs to combat the economic effects of the coronavirus.
The Pulse Large‐scale fiscal and monetary stimulus is being deployed by countries around the world as governments confront the extent of the economic impact of the coronavirus.