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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