herald

Sunday 16 December 2018

Double dip 'not likely'

THE LIKELIHOOD of a 'double dip' recession in the global economy is fading, experts have said.

"Now, the spectre of double-dips has disappeared from view, airbrushed away by rebounding economic data," said Donal O'Mahony of Davy Research.

But he added that global growth performance will remain uneven with emerging economies still the driving force.

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