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Global Economics Monthly Review

October 2, 2017


Global Economics – The Big Picture

  • The global recovery continues.
  • Markets try to gauge the economic effects of the new unified tax proposal.
  • In the euro area, economic developments continue to be positive led by domestic demand.
  • The improvement in advanced economies' demand has supported an improvement in commodity-exporting economies.
  • However, there are some potential risks that may weigh on growth.
  • Inflation remains low. Is the Fed becoming less concerned?
  • Despite various risks to the inflation outlook, the Fed is determined to increase the interest rate one more time this year, followed by three additional hikes next year.



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