Rate cuts likely, recession less so, as a result of Coronavirus

March 2, 2020

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The spread of the coronavirus had markets in turmoil last week and people around the world worrying about a global pandemic. In his latest Lookahead video, Scotiabank Chief Economist Jean-François Perrault assesses the situation. There’s no doubt the short-term outlook looks grim, but he doesn’t see the health scare plunging economies into recession.


Commentary and forecasts on global economic and financial market developments by the Scotiabank economists in our main countries of operation.

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