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Global Economics Monthly Review

July 10, 2017


Global Economics – The Big Picture

  • Recent data suggest global economic growth accelerated in the second quarter.
  • Positive trends in global trade, led by emerging markets.
  • Global growth is expected to accelerate in 2017-2018.
  • The risks to our outlook have decreased as the political risks in Europe have diminished recently.
  • There has been a deceleration in the inflation environment.
  • A more hawkish tone is expected, and maybe some monetary adjustments.



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