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World economy set for ‘bumpy landing’, says bank chief

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Barclays' Henk Potts predicts interest rate cuts next year and cites lack of housing as a big risk to inward investment in Ireland

The global economy is heading for a “bumpy landing” in the second half of this year and into next year, a senior executive at Barclays Private Bank has warned.

Speaking to the Business Post, Henk Potts, Barclays’ EMEA market strategist, said that economic activity has been more resilient in the first half of this year than expected. That performance has been helped by a political backdrop more stable than many expected, as well as robust ...

 

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World economy set for ‘bumpy landing’, says bank chiefBarclays’ Henk Potts predicts interest rate cuts next year and cites lack of housing as a big risk to inward investment in Ireland
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