Global Economics Monthly Review
November 9, 2016
- Financial market volatility has increased due to the surprising US election outcome and is likely to remain high during the “lame duck period” until the 45th president of the US takes office. Global political risks have increased further – for example the Italian referendum and other political challenges in Europe.
- Global growth probably accelerated in the third quarter.
- The fourth quarter started on a positive note.
Central banks remain on hold.
The Bank of Japan may take action in 2017.
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