Moody's: Global economic growth will stabilize in 2017 but remain at historically low levels

The US-based ratings agency is hitting the wires last minutes, via Reuters, stating that global credit conditions will remain uneven in 2017, despite a stabilization of growth worldwide.

More headlines (via Reuters):

• G20 global growth of around 3.0% in 2017 versus an estimated 2.6% in 2016
• Global demand is unlikely to improve sufficiently to reignite trade growth in 2017
• Says "political risk will remain an enduring challenge for global credit"
• Says "the recovery in global trade will remain slow, due to the lack of global demand and increasing protectionist sentiment"
• “Low for longer” rates will support borrowing, refinancing conditions, but negative side effects becoming more visible