Growth may cool but sharp slide unlikely

World economy forecast to grow by 3.5% in 2019,

The latest economic update from the Organisation for Ecomomic Co-Operation and Development (OECD) has seen it revise down its forecasts for global growth for the second time in a couple of months.

It is now forecasting that the world economy will grow by 3.5% in 2019. In its mid-year assessment, it was forecasting 3.9% growth for next year.