Global GDP to hit pre-coronavirus levels in mid-2021: Deutsche Bank

Topics GDP | GDP forecast | Deutsche Bank

LONDON (Reuters) - World economic output will return to its pre-pandemic level by mid-2021 after a stronger-than-expected economic bounce in recent months, Deutsche Bank said on Monday, but bloated debt levels and a shift in policy could heighten the risk of a financial crisis.

"Global economic recovery from the depths of the COVID-19 plunge this past winter and spring has proceeded significantly faster than we envisioned," Peter Hooper, Deutsche global head of economic research wrote in a note to clients. "As Q3 draws.....

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