The Global Economy
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According to the latest World Economic Outlook, released by the IMF last October 2017, the #globaleconomy is strengthening and looking brighter. With a broader based #economicrecovery, the IMF estimates that the #globalgrowth in 2017 will increase to 3.6%, up from 3.2% and 3.4% in 2016 and 2015 respectively.
However, there are still many risks that can sap the fragile economic recovery. With the #Brexit negotiations still ongoing, the full impact on the #Britisheconomy and the #EuropeanUnion (EU) are still unknown. As for the #UnitedStates (US), the trade policies of the #Trump administration are becoming more and more protectionist. On top of all these, not only are the central banks of the major economies undergoing tapering of their economic stimulus, but they are also reviewing their monetary policies and hiking gradually their interest rates.
#WorldEconomy #EconomicOutlook #WorldTrade #EconomicRisk #EconomicGrowth #2017WorldReview #Economy #EuropeanEconomy #USEconomy
How has the World Economy fared in 2017 ?
https://www.steeladvisorypartners.com/2017-world-economy
However, there are still many risks that can sap the fragile economic recovery. With the #Brexit negotiations still ongoing, the full impact on the #Britisheconomy and the #EuropeanUnion (EU) are still unknown. As for the #UnitedStates (US), the trade policies of the #Trump administration are becoming more and more protectionist. On top of all these, not only are the central banks of the major economies undergoing tapering of their economic stimulus, but they are also reviewing their monetary policies and hiking gradually their interest rates.
#WorldEconomy #EconomicOutlook #WorldTrade #EconomicRisk #EconomicGrowth #2017WorldReview #Economy #EuropeanEconomy #USEconomy
How has the World Economy fared in 2017 ?
https://www.steeladvisorypartners.com/2017-world-economy
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Originally shared by World Economic Forum
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Carmen Reinhart cautions the authorities to avoid overconfidence and to prevent the Germanization of policymaking.
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https://www.bloomberg.com/view/articles/2017-12-21/economists-lose-credibility-when-they-re-too-certain
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That caught just about everyone by surprise as inflation remained disturbingly low at 1.5 percent in the 12 months through November, against surprisingly strong job gains.
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