Gradually Gathering Momentum
June 3rd, 2015
This report examines the slowdown in trade, improving credit growth and economic performance across key countries and regions and evaluates their impact on the global growth cycle. We also extend our analysis of exchange rates and examine how the commodity price outlook is likely to affect inflation, inflation expectations and emerging market growth through 2015 and into 2016. Finally, we continue to advance our thinking regarding financial market risks and responses as expansionary monetary policy and quantitative easing intersect with stronger global growth and rising inflation expectations.
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