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Global Economics Monthly Review

January 2021

 

  • Differences exist in the economic recoveries among the various countries of the world, according to the means by which each country has dealt with the rise in morbidity. 
     
  • Britain and the European Union (EU) have reached an agreement on Brexit, yet a number of points remain under negotiation.
     
  • The annual inflation rate in developed countries remained unchanged. 
     
  • The Fed and the ECB are expected to continue to support the market, and the ECB expanded its emergency asset purchase program. 
     
  • The yields on US government bonds continued to climb, whereas in the most of the euro bloc yields continued to decline.
     

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