Most economists appear pretty bullish about the global economy.
The International Monetary Fund (IMF) has said that the global economic outlook is bright, forecasting growth of just under 4% this year. As ever, this is likely to be driven by the US economy, which certainly seems to be in rude health. Unemployment is at historically low levels, while there are indications that wage growth is also slowly picking up. Concerns over stubbornly low inflation have abated following recent consumer price figures. This optimism has been shared by new Federal Reserve chairman Jerome Powell, who last month, in his first meeting in charge, oversaw the fir...
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