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We expect a growth slowdown, but not a US or global recession, given healthy labour markets and consumption, as well as further easing from most central banks. And if our lackluster economic baseline worsens into a stronger drop in economic activity, market focus could shift to the limits on monetary policy and the slim prospects for new fiscal stimulus.
Ajay Rajadhyaksha, Barclays Head of Macro Research
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The Flip Side podcast 

This podcast series features lively debates between Barclays’ Research analysts on important topics facing economies and businesses around the globe.

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