Home Breadcrumb caret Economy Breadcrumb caret Economic Indicators Slowing global economy weakening credit conditions: Moody’s The report highlights risks from U.S. trade policy By Staff | January 29, 2019 | Last updated on January 29, 2019 1 min read © Wang Song / 123RF Stock Photo Global credit conditions are deteriorating and risks are on the rise in 2019 as the global economy slows, funding costs rise and liquidity tightens, New York-based rating agency Moody’s Investors Service said Tuesday. “Furthermore, trade, political and geopolitical risks will escalate, as the U.S.-China relationship becomes tenser and as slower growth propels longer-running globalization and inequality debates into the political arena,” says Michael Taylor, managing director and chief credit officer at Moody’s, in a statement. “Of all the risk factors, U.S. trade policy is the most potent, far-reaching source of global risk, and will have significant sector and regional impacts,” Taylor adds. “Global GDP growth will remain solid, but China’s slowdown is likely to be more pronounced.” Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo