Moody's revised its global growth forecasts downward for 2020 due to the rising economic costs of the #coronavirus shock. We now expect real GDP in the global economy to contract by 0.5% in 2020, followed by a pickup to 3.2% in 2021. https://t.co/GtTKWqoWWppic.twitter.com/cdJqAwVNEV
— Moody's Investors Service (@MoodysInvSvc) March 26, 2020