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Global Economics Monthly Review

November 13, 2017


Global Economics – The Big Picture

  • The global economy grew quite solidly in the third quarter.
  • The fourth quarter started on a positive note. We revised slightly upward our global growth estimates.
  • The continuing improvement in global growth has led to a more hawkish bias, which is mainly prominent among the major developed economies.
  • Dovish tightening in the UK.
  • No change on the horizon in the BOJ's monetary policy.



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