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US is slowing, UK is growing, China is reaping what its sowing
A note on the global outlook from Fitch
via Bloomberg
A note on the global outlook from Fitch
- US 2016 growth forecast lowered to 1.4?% vs 1.8% prior
- UK data is slightly better than expected
- BOE is unlikely to follow through on forward guidance to cut rates before year-end
- China's efforts to stabilise growth in the face of a sharp slowdown in exports and private sector investment look to have gained traction
- Sees BOJ interest rate at -0.5% by end of 2017
- Political risks threaten global growth outlook
via Bloomberg
