Corrected-Global Economy: Central bank policy tightening: damned if they do, damned if they don’t
(This story corrects employer of Neil Shearing in par 7.) By Jonathan Cable LONDON (Reuters) - Central banks may be about to face one of their biggest challenges yet: Global economic growth is slowing, but they have struggled to build up their policy arsenals since the last crisis to effectively deal with another one. The U.S.-China trade war, worries about Britain's imminent departure from the European Union, a potential recession in Italy and unrest in South America all pose risks for the global economy.
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